First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Up 248.7% in March

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 65,708 shares, a growth of 248.7% from the February 26th total of 18,846 shares. Based on an average trading volume of 35,687 shares, the short-interest ratio is currently 1.8 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 35,687 shares, the short-interest ratio is currently 1.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in First Trust Large Cap Value AlphaDEX Fund in the third quarter valued at approximately $25,000. Clear Investment Research LLC purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the third quarter worth approximately $44,000. CX Institutional acquired a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter valued at $48,000. Smartleaf Asset Management LLC increased its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 282.3% in 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, Private Trust Co. NA raised its position in First Trust Large Cap Value AlphaDEX Fund by 42.6% in the 3rd quarter. Private Trust Co. NA now owns 613 shares of the company’s stock valued at $51,000 after purchasing an additional 183 shares during the last quarter.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

FTA opened at $91.94 on Wednesday. The business’s 50-day simple moving average is $92.14 and its 200-day simple moving average is $87.11. First Trust Large Cap Value AlphaDEX Fund has a one year low of $66.01 and a one year high of $95.64. The stock has a market capitalization of $1.26 billion, a P/E ratio of 13.54 and a beta of 0.91.

About First Trust Large Cap Value AlphaDEX Fund

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.