First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Down 62.2% in July

Posted by Brenda Bartman on Aug 14th, 2026

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 17,711 shares, a decrease of 62.2% from the July 15th total of 46,885 shares. Based on an average daily trading volume, of 28,168 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

First Trust Large Cap Value AlphaDEX Fund Trading Up 1.1%

Shares of FTA opened at $103.90 on Friday. First Trust Large Cap Value AlphaDEX Fund has a 52 week low of $80.85 and a 52 week high of $103.90. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 13.54 and a beta of 0.79. The stock has a 50 day moving average of $98.79 and a 200-day moving average of $95.25.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.3389 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.36 annualized dividend and a yield of 1.3%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FTA. Prospera Financial Services Inc boosted its position in First Trust Large Cap Value AlphaDEX Fund by 2.8% during the 4th quarter. Prospera Financial Services Inc now owns 42,168 shares of the company’s stock valued at $3,633,000 after purchasing an additional 1,136 shares during the period. IFP Advisors Inc lifted its stake in First Trust Large Cap Value AlphaDEX Fund by 4.2% in the fourth quarter. IFP Advisors Inc now owns 42,400 shares of the company’s stock valued at $3,653,000 after buying an additional 1,692 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 51.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 455 shares of the company’s stock valued at $39,000 after acquiring an additional 154 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 3.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 7,732 shares of the company’s stock worth $666,000 after acquiring an additional 265 shares during the last quarter. Finally, Western Wealth Management LLC grew its position in shares of First Trust Large Cap Value AlphaDEX Fund by 3.3% during the fourth quarter. Western Wealth Management LLC now owns 15,148 shares of the company’s stock worth $1,305,000 after acquiring an additional 482 shares during the last quarter.

First Trust Large Cap Value AlphaDEX Fund Company Profile

(Get Free Report)

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.