First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Down 94.7% in June

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,048 shares, a decrease of 94.7% from the June 15th total of 19,723 shares. Based on an average trading volume of 40,398 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Eastern Bank bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the second quarter valued at approximately $32,000. Main Street Group LTD bought a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth approximately $33,000. Cullen Frost Bankers Inc. lifted its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 51.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 455 shares of the company’s stock worth $39,000 after acquiring an additional 154 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in First Trust Large Cap Value AlphaDEX Fund by 282.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 562 shares of the company’s stock valued at $49,000 after acquiring an additional 415 shares during the period. Finally, Smithfield Trust Co boosted its holdings in First Trust Large Cap Value AlphaDEX Fund by 20.0% during the 4th quarter. Smithfield Trust Co now owns 720 shares of the company’s stock valued at $62,000 after acquiring an additional 120 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Price Performance

Shares of First Trust Large Cap Value AlphaDEX Fund stock traded up $0.56 during trading on Friday, hitting $98.08. The stock had a trading volume of 17,230 shares, compared to its average volume of 36,775. First Trust Large Cap Value AlphaDEX Fund has a 12 month low of $77.66 and a 12 month high of $99.32. The firm’s fifty day simple moving average is $95.61 and its 200-day simple moving average is $93.01. The stock has a market cap of $1.34 billion, a PE ratio of 13.54 and a beta of 0.79.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.3389 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.