First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Down 16.6% in February

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 12,496 shares, a drop of 16.6% from the February 12th total of 14,987 shares. Based on an average daily trading volume, of 20,944 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 20,944 shares, the short-interest ratio is currently 0.6 days.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

Shares of FTC opened at $158.13 on Wednesday. First Trust Large Cap Growth AlphaDEX Fund has a 1 year low of $113.13 and a 1 year high of $166.91. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 28.68 and a beta of 1.12. The firm has a fifty day moving average of $162.63 and a 200-day moving average of $160.98.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 8.3% in the second quarter. Cetera Investment Advisers now owns 78,709 shares of the company’s stock valued at $11,883,000 after purchasing an additional 6,020 shares during the period. Global Retirement Partners LLC acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the second quarter worth approximately $363,000. Richmond Investment Services LLC grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 98.3% in the 2nd quarter. Richmond Investment Services LLC now owns 7,776 shares of the company’s stock worth $1,174,000 after buying an additional 3,855 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,721 shares of the company’s stock worth $5,242,000 after buying an additional 3,040 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its position in First Trust Large Cap Growth AlphaDEX Fund by 40.9% in the 2nd quarter. Gateway Wealth Partners LLC now owns 5,966 shares of the company’s stock valued at $901,000 after acquiring an additional 1,731 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). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Growth Index.