First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Down 42.0% in June

First Trust China AlphaDEX Fund (NASDAQ:FCA – Get Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 7,169 shares, a decline of 42.0% from the May 31st total of 12,351 shares. Based on an average daily trading volume, of 17,562 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

First Trust China AlphaDEX Fund Trading Down 3.7%

FCA traded down $1.02 on Thursday, reaching $26.46. The stock had a trading volume of 1,452 shares, compared to its average volume of 64,320. The company has a market capitalization of $33.08 million, a price-to-earnings ratio of 9.26 and a beta of 0.42. First Trust China AlphaDEX Fund has a fifty-two week low of $23.86 and a fifty-two week high of $34.60. The firm has a 50-day moving average of $31.19 and a 200-day moving average of $31.43.

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First Trust China AlphaDEX Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.4019 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.61 annualized dividend and a dividend yield of 6.1%.

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in First Trust China AlphaDEX Fund during the first quarter worth $3,046,000. StoneX Group Inc. bought a new position in First Trust China AlphaDEX Fund in the 2nd quarter valued at about $204,000. First Trust Advisors LP boosted its stake in First Trust China AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 1,350,552 shares of the company’s stock valued at $39,125,000 after purchasing an additional 261,148 shares during the last quarter. GeoWealth Management LLC acquired a new position in First Trust China AlphaDEX Fund during the 3rd quarter valued at about $587,000. Finally, Raymond James Financial Inc. increased its holdings in First Trust China AlphaDEX Fund by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock worth $915,000 after purchasing an additional 3,557 shares in the last quarter.

About First Trust China AlphaDEX Fund

(Get Free Report)

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.

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