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

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

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

A number of institutional investors have recently modified their holdings of the business. &PARTNERS purchased a new position in First Trust China AlphaDEX Fund during the fourth quarter worth approximately $2,970,000. Kestra Advisory Services LLC acquired a new position in shares of First Trust China AlphaDEX Fund during the 4th quarter worth approximately $153,000. StoneX Group Inc. raised its stake in shares of 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 worth $1,427,000 after buying an additional 42,001 shares during the period. Genesee Capital Advisors LLC purchased a new position in shares of First Trust China AlphaDEX Fund during the 4th quarter valued at approximately $610,000. Finally, Advisory Services Network LLC acquired a new stake in First Trust China AlphaDEX Fund in the 3rd quarter valued at $69,000.

First Trust China AlphaDEX Fund Trading Up 0.9%

Shares of NASDAQ FCA traded up $0.30 during trading on Wednesday, reaching $34.13. 121,928 shares of the company traded hands, compared to its average volume of 51,222. The stock has a market cap of $83.62 million, a P/E ratio of 9.26 and a beta of 0.43. The firm’s fifty day simple moving average is $31.08 and its 200 day simple moving average is $29.41. First Trust China AlphaDEX Fund has a 12-month low of $17.34 and a 12-month high of $34.26.

First Trust China AlphaDEX Fund Cuts Dividend

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

About First Trust China AlphaDEX Fund

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.