First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Up 251.8% in December

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 19,641 shares, an increase of 251.8% from the December 15th total of 5,583 shares. Based on an average daily volume of 21,881 shares, the short-interest ratio is presently 0.9 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 21,881 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of First Trust China AlphaDEX Fund

Several institutional investors and hedge funds have recently made changes to their positions in FCA. Advisory Services Network LLC bought a new position in First Trust China AlphaDEX Fund during the 3rd quarter worth about $69,000. Citadel Advisors LLC bought a new position in First Trust China AlphaDEX Fund in the third quarter worth approximately $1,314,000. Raymond James Financial Inc. raised its stake in First Trust China AlphaDEX Fund by 12.7% in the third quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock worth $915,000 after buying an additional 3,557 shares in the last quarter. GeoWealth Management LLC bought a new stake in First Trust China AlphaDEX Fund during the 3rd quarter valued at $587,000. Finally, First Trust Advisors LP boosted its position 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 acquiring an additional 261,148 shares in the last quarter.

First Trust China AlphaDEX Fund Trading Down 0.3%

Shares of FCA traded down $0.11 during trading hours on Tuesday, reaching $31.12. 21,154 shares of the company traded hands, compared to its average volume of 15,554. The stock’s fifty day moving average price is $28.96 and its 200 day moving average price is $27.85. The firm has a market cap of $66.90 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. First Trust China AlphaDEX Fund has a 12-month low of $17.34 and a 12-month high of $31.38.

First Trust China AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.1285 per share. This represents a $0.51 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, December 12th.

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.