First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Drop in Short Interest

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 5,800 shares, a decrease of 14.7% from the January 31st total of 6,800 shares. Based on an average trading volume of 23,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 3rd quarter valued at $1,418,000. FMR LLC increased its stake in First Trust Large Cap Core AlphaDEX Fund by 48.4% in the third quarter. FMR LLC now owns 4,996 shares of the company’s stock valued at $520,000 after purchasing an additional 1,630 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 3.9% in the third quarter. Sanctuary Advisors LLC now owns 29,095 shares of the company’s stock valued at $3,257,000 after buying an additional 1,098 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 19.2% during the third quarter. IHT Wealth Management LLC now owns 7,104 shares of the company’s stock worth $739,000 after buying an additional 1,142 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the third quarter worth about $5,227,000.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

Shares of FEX stock opened at $103.47 on Wednesday. First Trust Large Cap Core AlphaDEX Fund has a 1 year low of $93.39 and a 1 year high of $113.17. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 17.90 and a beta of 1.06. The stock’s 50-day moving average is $107.25 and its two-hundred day moving average is $106.12.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.4193 per share. The ex-dividend date was Friday, December 13th.

About First Trust Large Cap Core AlphaDEX Fund

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