First Trust China AlphaDEX Fund (NASDAQ:FCA) Sees Significant Decrease in Short Interest

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a drop of 99.5% from the July 15th total of 422 shares. Based on an average trading volume of 8,184 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

First Trust China AlphaDEX Fund Stock Up 0.1%

Shares of FCA stock traded up $0.03 on Wednesday, reaching $27.60. The company’s stock had a trading volume of 16,392 shares, compared to its average volume of 54,548. The stock’s 50 day simple moving average is $28.03 and its 200-day simple moving average is $30.91. First Trust China AlphaDEX Fund has a 12-month low of $25.81 and a 12-month high of $34.60. The company has a market capitalization of $33.12 million, a P/E ratio of 9.26 and a beta of 0.43.

First Trust China AlphaDEX Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.4019 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 5.8%.

Institutional Trading of First Trust China AlphaDEX Fund

Hedge funds have recently modified their holdings of the company. First Trust Advisors LP increased its holdings in First Trust China AlphaDEX Fund by 52.2% in the first quarter. First Trust Advisors LP now owns 2,038,422 shares of the company’s stock valued at $63,884,000 after buying an additional 699,253 shares in the last quarter. Kestra Advisory Services LLC grew its position in First Trust China AlphaDEX Fund by 25.9% in the 1st quarter. Kestra Advisory Services LLC now owns 6,809 shares of the company’s stock valued at $213,000 after buying an additional 1,400 shares during the last quarter. &PARTNERS purchased a new position in First Trust China AlphaDEX Fund during the 4th quarter valued at about $2,970,000. StoneX Group Inc. lifted its position in First Trust China AlphaDEX Fund by 495.8% during the fourth quarter. StoneX Group Inc. now owns 50,473 shares of the company’s stock worth $1,427,000 after buying an additional 42,001 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of First Trust China AlphaDEX Fund during the 3rd quarter valued at $69,000.

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.