First Trust China AlphaDEX Fund (NASDAQ:FCA) Sees Large Decrease in Short Interest

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

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

Large investors have recently modified their holdings of the business. Advisory Services Network LLC purchased a new stake in First Trust China AlphaDEX Fund during the third quarter worth $69,000. Kestra Advisory Services LLC bought a new position in shares of First Trust China AlphaDEX Fund in the 4th quarter worth $153,000. StoneX Group Inc. purchased a new stake in shares of First Trust China AlphaDEX Fund during the 2nd quarter worth $204,000. GeoWealth Management LLC purchased a new stake in shares of First Trust China AlphaDEX Fund during the 3rd quarter worth $587,000. Finally, Genesee Capital Advisors LLC bought a new stake in First Trust China AlphaDEX Fund during the fourth quarter valued at about $610,000.

First Trust China AlphaDEX Fund Stock Down 2.1%

Shares of FCA stock traded down $0.57 on Monday, hitting $26.14. The stock had a trading volume of 11,259 shares, compared to its average volume of 62,226. The business has a 50 day moving average price of $30.18 and a 200 day moving average price of $31.33. The company has a market cap of $31.37 million, a PE ratio of 9.26 and a beta of 0.42. First Trust China AlphaDEX Fund has a one year low of $24.29 and a one year high of $34.60.

First Trust China AlphaDEX Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders 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 yield of 6.1%.

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.