First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Down 42.0% in June

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 7,169 shares, a decline of 42.0% from the May 31st total of 12,351 shares. Based on an average daily volume of 17,562 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

First Trust China AlphaDEX Fund Stock Up 1.0%

Shares of FCA traded up $0.28 during trading on Wednesday, reaching $27.55. 12,933 shares of the company traded hands, compared to its average volume of 64,820. The stock has a 50-day simple moving average of $31.29 and a 200-day simple moving average of $31.43. The stock has a market cap of $93.65 million, a PE ratio of 9.26 and a beta of 0.40. First Trust China AlphaDEX Fund has a twelve month low of $23.76 and a twelve month high of $34.60.

First Trust China AlphaDEX Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors 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 dividend yield of 5.8%.

Institutional Trading of First Trust China AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. &PARTNERS acquired a new position in First Trust China AlphaDEX Fund during the fourth quarter worth $2,970,000. StoneX Group Inc. grew its stake 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 in the last quarter. Citadel Advisors LLC purchased a new stake in shares of First Trust China AlphaDEX Fund in the 3rd quarter valued at $1,314,000. Raymond James Financial Inc. raised its holdings in shares of First Trust China AlphaDEX Fund by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock valued at $915,000 after buying an additional 3,557 shares during the period. Finally, GeoWealth Management LLC acquired a new position in First Trust China AlphaDEX Fund during the 3rd quarter worth about $587,000.

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.