First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Down 84.4% in June

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,118 shares, a decrease of 84.4% from the June 15th total of 7,169 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 283,696 shares, the days-to-cover ratio is currently 0.0 days.

First Trust China AlphaDEX Fund Price Performance

Shares of First Trust China AlphaDEX Fund stock traded down $0.10 during trading on Friday, hitting $26.53. 861 shares of the company’s stock traded hands, compared to its average volume of 62,619. First Trust China AlphaDEX Fund has a 1 year low of $24.07 and a 1 year high of $34.60. The stock has a market capitalization of $33.16 million, a P/E ratio of 9.26 and a beta of 0.42. The business has a 50-day simple moving average of $30.31 and a 200-day simple moving average of $31.33.

First Trust China AlphaDEX Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.4019 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.61 annualized dividend and a yield of 6.1%.

Institutional Trading of First Trust China AlphaDEX Fund

A number of institutional investors have recently made changes to their positions in FCA. First Trust Advisors LP increased its holdings in First Trust China AlphaDEX Fund by 24.0% during the third quarter. First Trust Advisors LP now owns 1,350,552 shares of the company’s stock valued at $39,125,000 after buying an additional 261,148 shares during the last quarter. StoneX Group Inc. purchased a new position in shares of First Trust China AlphaDEX Fund during the 2nd quarter worth $204,000. GeoWealth Management LLC purchased a new position in shares of First Trust China AlphaDEX Fund during the 3rd quarter worth $587,000. Citadel Advisors LLC purchased a new position in shares of First Trust China AlphaDEX Fund during the 3rd quarter worth $1,314,000. Finally, Jane Street Group LLC bought a new stake in shares of First Trust China AlphaDEX Fund during the 1st quarter valued at $3,046,000.

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.