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

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 2 shares, a decline of 99.5% from the July 15th total of 422 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 8,184 shares, the days-to-cover ratio is presently 0.0 days.

First Trust China AlphaDEX Fund Price Performance

NASDAQ FCA opened at $27.55 on Thursday. The company has a market cap of $33.06 million, a P/E ratio of 9.26 and a beta of 0.43. First Trust China AlphaDEX Fund has a 12 month low of $25.81 and a 12 month high of $34.60. The company has a 50-day moving average of $27.95 and a 200-day moving average of $30.88.

First Trust China AlphaDEX Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.4019 dividend. This represents a $1.61 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Compass Financial Management LLC bought a new position in First Trust China AlphaDEX Fund during the 2nd quarter worth approximately $40,000. First Trust Advisors LP raised its stake in shares of First Trust China AlphaDEX Fund by 52.2% during the first quarter. First Trust Advisors LP now owns 2,038,422 shares of the company’s stock valued at $63,884,000 after purchasing an additional 699,253 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in shares of First Trust China AlphaDEX Fund by 25.9% in 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. &PARTNERS bought a new stake in First Trust China AlphaDEX Fund during the fourth quarter worth approximately $2,970,000. Finally, StoneX Group Inc. lifted its holdings in shares of First Trust China AlphaDEX Fund by 495.8% in the fourth quarter. StoneX Group Inc. now owns 50,473 shares of the company’s stock valued at $1,427,000 after buying an additional 42,001 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.