First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Update

First Trust China AlphaDEX Fund (NASDAQ:FCAGet Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,118 shares, a decline of 84.4% from the June 15th total of 7,169 shares. Based on an average daily trading volume, of 283,696 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of First Trust China AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in FCA. Jane Street Group LLC purchased a new position in First Trust China AlphaDEX Fund during the 1st quarter worth $3,046,000. StoneX Group Inc. purchased a new stake in shares of First Trust China AlphaDEX Fund during the second quarter worth about $204,000. First Trust Advisors LP grew its stake in shares of First Trust China AlphaDEX Fund by 24.0% during the third quarter. First Trust Advisors LP now owns 1,350,552 shares of the company’s stock worth $39,125,000 after acquiring an additional 261,148 shares during the last quarter. GeoWealth Management LLC acquired a new position in shares of First Trust China AlphaDEX Fund during the third quarter valued at about $587,000. Finally, Raymond James Financial Inc. increased its holdings in shares of First Trust China AlphaDEX Fund by 12.7% during the third quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock valued at $915,000 after acquiring an additional 3,557 shares in the last quarter.

First Trust China AlphaDEX Fund Stock Performance

NASDAQ:FCA traded down $0.57 during midday trading on Monday, reaching $26.14. 11,259 shares of the stock traded hands, compared to its average volume of 62,226. First Trust China AlphaDEX Fund has a 12-month low of $24.29 and a 12-month high of $34.60. The business has a 50-day moving average of $30.18 and a two-hundred day moving average of $31.33. The stock has a market capitalization of $31.37 million, a PE ratio of 9.26 and a beta of 0.42.

First Trust China AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.4019 per share. 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 6.1%.

About First Trust China AlphaDEX Fund

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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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