First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Down 69.2% in October

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 17,800 shares, a decline of 69.2% from the September 30th total of 57,700 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is presently 2.2 days.

First Trust China AlphaDEX Fund Stock Performance

NASDAQ:FCA traded down $0.02 during trading hours on Friday, reaching $20.72. The company’s stock had a trading volume of 1,847 shares, compared to its average volume of 5,496. The firm has a market capitalization of $9.32 million, a price-to-earnings ratio of 4.20 and a beta of 0.57. The firm has a 50-day simple moving average of $19.49 and a 200-day simple moving average of $19.79. First Trust China AlphaDEX Fund has a 1 year low of $16.82 and a 1 year high of $24.12.

First Trust China AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.5414 dividend. This is a boost from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 10.45%.

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.