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 significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 264 shares, an increase of 514.0% from the August 15th total of 43 shares. Based on an average daily volume of 5,919 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC increased its position 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 worth $213,000 after purchasing an additional 1,400 shares in the last quarter. Compass Financial Management LLC purchased a new stake in First Trust China AlphaDEX Fund during the second quarter worth approximately $40,000. Advisory Services Network LLC purchased a new stake in First Trust China AlphaDEX Fund during the third quarter worth approximately $69,000. Raymond James Financial Inc. increased its position in shares of First Trust China AlphaDEX Fund by 12.7% in the third quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock worth $915,000 after acquiring an additional 3,557 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust China AlphaDEX Fund in the second quarter worth $194,000.

First Trust China AlphaDEX Fund Price Performance

FCA stock traded up $0.06 on Friday, hitting $27.36. 15,908 shares of the company were exchanged, compared to its average volume of 48,831. The stock has a market capitalization of $32.83 million, a price-to-earnings ratio of 9.26 and a beta of 0.42. First Trust China AlphaDEX Fund has a twelve month low of $25.81 and a twelve month high of $34.60. The business’s fifty day moving average is $27.21 and its two-hundred day moving average is $30.11.

First Trust China AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.4019 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.61 annualized dividend and a dividend yield of 5.9%.

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.