First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Growth in Short Interest

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 95,900 shares, a growth of 19,080.0% from the August 31st total of 500 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 5.1 days.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

Shares of NASDAQ FTC opened at $130.83 on Wednesday. First Trust Large Cap Growth AlphaDEX Fund has a fifty-two week low of $91.36 and a fifty-two week high of $130.96. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. The business’s 50 day moving average price is $123.84 and its 200-day moving average price is $122.07.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Global Assets Advisory LLC purchased a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the first quarter worth approximately $77,297,000. Commonwealth Equity Services LLC raised its position in First Trust Large Cap Growth AlphaDEX Fund by 1.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 185,084 shares of the company’s stock valued at $22,678,000 after purchasing an additional 2,259 shares in the last quarter. Kingsview Wealth Management LLC raised its position in First Trust Large Cap Growth AlphaDEX Fund by 8.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 180,882 shares of the company’s stock valued at $22,299,000 after purchasing an additional 13,733 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 125.9% during the 1st quarter. Cetera Investment Advisers now owns 130,107 shares of the company’s stock worth $16,040,000 after buying an additional 72,523 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 11.2% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 86,814 shares of the company’s stock valued at $10,637,000 after buying an additional 8,776 shares during the period.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).