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

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 68,866 shares, an increase of 250.6% from the December 31st total of 19,641 shares. Based on an average trading volume of 15,579 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.9% of the company’s stock are sold short. Currently, 2.9% of the company’s stock are sold short. Based on an average trading volume of 15,579 shares, the days-to-cover ratio is presently 4.4 days.

Institutional Trading of First Trust China AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FCA. Advisory Services Network LLC acquired a new position in First Trust China AlphaDEX Fund during the 3rd quarter worth $69,000. StoneX Group Inc. bought a new position in shares of First Trust China AlphaDEX Fund during the second quarter worth about $204,000. GeoWealth Management LLC acquired a new position in First Trust China AlphaDEX Fund in the third quarter worth about $587,000. Avestar Capital LLC increased its holdings in First Trust China AlphaDEX Fund by 33.1% in the third quarter. Avestar Capital LLC now owns 20,440 shares of the company’s stock valued at $592,000 after buying an additional 5,084 shares during the last quarter. Finally, Genesee Capital Advisors LLC bought a new stake in First Trust China AlphaDEX Fund in the fourth quarter valued at about $610,000.

First Trust China AlphaDEX Fund Price Performance

FCA traded down $0.06 on Thursday, reaching $32.78. The company’s stock had a trading volume of 11,990 shares, compared to its average volume of 19,155. First Trust China AlphaDEX Fund has a 1 year low of $17.34 and a 1 year high of $33.24. The business’s 50 day moving average is $29.46 and its 200 day moving average is $28.43. The stock has a market cap of $78.66 million, a price-to-earnings ratio of 9.26 and a beta of 0.43.

First Trust China AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1285 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.6%.

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.