First Trust Technology AlphaDEX Fund Price & Performance (FXL)

First Trust Large Cap Core AlphaDEX Fund experienced a notable spike in trading activity, with 38,055 shares changing hands, marking a 53% rise from the previous session. The fund's price hovered near $95.75, and its market cap stands at $1.17 billion. Its recent dividend cut may be influencing investor behavior.12

First Trust Emerging Markets Small Cap AlphaDEX Fund saw a 20.3% increase in short interest as of March 31, with 41,500 shares now shorted. Institutional investors have been actively adjusting positions, while the fund's price remains near $35.76, reflecting cautious sentiment in emerging markets small caps.34

Shares of First Trust Technology AlphaDEX Fund gained 0.8% to $135.41, even as trading volume dropped 48% below average. Institutional investors have modestly increased their holdings, indicating continued confidence in the fund, which tracks the StrataQuant Technology Index using a quantitative selection process.2