First Trust China AlphaDEX Fund (NASDAQ:FCA) Sees Large Decrease in Short Interest

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 422 shares, a decrease of 62.3% from the June 30th total of 1,118 shares. Based on an average trading volume of 14,109 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust China AlphaDEX Fund Price Performance

First Trust China AlphaDEX Fund stock opened at $27.17 on Monday. The stock has a fifty day moving average price of $28.99 and a two-hundred day moving average price of $31.19. First Trust China AlphaDEX Fund has a 52-week low of $24.86 and a 52-week high of $34.60. The firm has a market capitalization of $32.60 million, a P/E ratio of 9.26 and a beta of 0.42.

First Trust China AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.4019 dividend. 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%.

Hedge Funds Weigh In On First Trust China AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its position in First Trust China AlphaDEX Fund by 52.2% in the first quarter. First Trust Advisors LP now owns 2,038,422 shares of the company’s stock valued at $63,884,000 after buying an additional 699,253 shares in the last quarter. Jane Street Group LLC bought a new stake in First Trust China AlphaDEX Fund during the first quarter worth about $3,046,000. &PARTNERS bought a new stake in First Trust China AlphaDEX Fund during the fourth quarter worth about $2,970,000. Citadel Advisors LLC acquired a new stake in shares of First Trust China AlphaDEX Fund during the third quarter worth approximately $1,314,000. Finally, StoneX Group Inc. increased its holdings in shares of First Trust China AlphaDEX Fund by 495.8% during the fourth quarter. StoneX Group Inc. now owns 50,473 shares of the company’s stock worth $1,427,000 after buying an additional 42,001 shares in the last quarter.

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.