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

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 43 shares, an increase of 2,050.0% from the July 30th total of 2 shares. Based on an average trading volume of 9,485 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust China AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC lifted its stake 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 valued at $213,000 after acquiring an additional 1,400 shares during the period. Compass Financial Management LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the second quarter worth $40,000. Advisory Services Network LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the third quarter worth $69,000. Raymond James Financial Inc. raised 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 worth $915,000 after purchasing an additional 3,557 shares during the last quarter. Finally, StoneX Group Inc. purchased a new position in shares of First Trust China AlphaDEX Fund during the second quarter worth $204,000.

First Trust China AlphaDEX Fund Price Performance

Shares of FCA stock opened at $27.49 on Wednesday. The firm has a market capitalization of $32.99 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. The business has a fifty day moving average of $27.40 and a 200 day moving average of $30.58. First Trust China AlphaDEX Fund has a 1 year low of $25.81 and a 1 year high of $34.60.

First Trust China AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.4019 dividend. 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 5.8%.

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.