First Trust China AlphaDEX Fund (NASDAQ:FCA) Shares Shorted: Short Interest Down 94.8% in September

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 484 shares, a drop of 94.8% from the September 15th total of 9,326 shares. Based on an average daily trading volume, of 5,337 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

First Trust China AlphaDEX Fund Stock Performance

Shares of NASDAQ FCA opened at $25.63 on Friday. The company has a market cap of $29.48 million, a PE ratio of 9.26 and a beta of 0.43. The business has a 50-day simple moving average of $26.96 and a two-hundred day simple moving average of $29.15. First Trust China AlphaDEX Fund has a fifty-two week low of $25.13 and a fifty-two week high of $34.60.

First Trust China AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a $0.8921 dividend. This represents a $3.57 annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend was Thursday, September 24th. This is an increase from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.4019.

Institutional Trading of First Trust China AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new position in shares of First Trust China AlphaDEX Fund in the second quarter worth $194,000. Citadel Advisors LLC increased its position in shares of First Trust China AlphaDEX Fund by 1,196.2% in the 2nd quarter. Citadel Advisors LLC now owns 89,362 shares of the company’s stock valued at $2,436,000 after acquiring an additional 82,468 shares during the period. Endeavor Private Wealth Inc. acquired a new position in shares of First Trust China AlphaDEX Fund in the 2nd quarter valued at $355,000. Compass Financial Management LLC purchased a new position in First Trust China AlphaDEX Fund in the 2nd quarter worth $40,000. Finally, Kestra Advisory Services LLC lifted its position in First Trust China AlphaDEX Fund by 25.9% during the 1st quarter. Kestra Advisory Services LLC now owns 6,809 shares of the company’s stock worth $213,000 after acquiring an additional 1,400 shares during the period.

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.