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

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 204,262 shares, a growth of 720.7% from the January 29th total of 24,889 shares. Currently, 8.3% of the shares of the stock are short sold. Based on an average daily volume of 95,798 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 95,798 shares, the days-to-cover ratio is currently 2.1 days. Currently, 8.3% of the shares of the stock are short sold.

First Trust China AlphaDEX Fund Price Performance

FCA stock opened at $34.13 on Thursday. First Trust China AlphaDEX Fund has a 1-year low of $17.34 and a 1-year high of $34.26. The business has a 50 day simple moving average of $31.20 and a two-hundred day simple moving average of $29.44. The company has a market capitalization of $83.62 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 announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.1285 per share. The ex-dividend date was Friday, December 12th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Trading of First Trust China AlphaDEX Fund

Hedge funds have recently bought and sold shares of the stock. First Trust Advisors LP boosted its holdings in shares of First Trust China AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 1,350,552 shares of the company’s stock valued at $39,125,000 after purchasing an additional 261,148 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of First Trust China AlphaDEX Fund in the first quarter worth about $3,046,000. &PARTNERS purchased a new stake in shares of First Trust China AlphaDEX Fund in the fourth quarter worth about $2,970,000. Citadel Advisors LLC bought a new position in First Trust China AlphaDEX Fund during the third quarter valued at approximately $1,314,000. Finally, StoneX Group Inc. grew its holdings in First Trust China AlphaDEX Fund by 495.8% during the 4th 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.

About First Trust China AlphaDEX Fund

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.