First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Up 720.7% in February

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 204,262 shares, a growth of 720.7% from the January 29th total of 24,889 shares. Based on an average daily volume of 95,798 shares, the short-interest ratio is currently 2.1 days. Approximately 8.3% of the shares of the company are sold short. Approximately 8.3% of the shares of the company are sold short. Based on an average daily volume of 95,798 shares, the short-interest ratio is currently 2.1 days.

First Trust China AlphaDEX Fund Stock Performance

Shares of NASDAQ FCA traded up $0.08 during trading on Friday, hitting $33.91. The company had a trading volume of 25,605 shares, compared to its average volume of 50,684. First Trust China AlphaDEX Fund has a 12 month low of $17.34 and a 12 month high of $34.26. The firm has a market capitalization of $83.08 million, a P/E ratio of 9.26 and a beta of 0.43. The stock has a 50 day simple moving average of $31.31 and a 200 day simple moving average of $29.47.

First Trust China AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.1285 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, December 12th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. First Trust Advisors LP increased its stake in First Trust China AlphaDEX Fund by 24.0% in the 3rd quarter. First Trust Advisors LP now owns 1,350,552 shares of the company’s stock worth $39,125,000 after buying an additional 261,148 shares in the last quarter. Jane Street Group LLC bought a new position in shares of First Trust China AlphaDEX Fund in the first quarter worth about $3,046,000. &PARTNERS purchased a new stake in shares of First Trust China AlphaDEX Fund during the fourth quarter worth about $2,970,000. Citadel Advisors LLC purchased a new stake in shares of First Trust China AlphaDEX Fund during the third quarter worth about $1,314,000. Finally, StoneX Group Inc. raised its stake in First Trust China AlphaDEX Fund by 495.8% during the 4th quarter. StoneX Group Inc. now owns 50,473 shares of the company’s stock valued at $1,427,000 after purchasing an additional 42,001 shares during the period.

First Trust China AlphaDEX Fund Company Profile

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.