First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Down 62.3% in July

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FCA. First Trust Advisors LP raised its holdings in First Trust China AlphaDEX Fund by 52.2% in the 1st 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 during the last quarter. Jane Street Group LLC acquired a new position in First Trust China AlphaDEX Fund in the 1st quarter valued at approximately $3,046,000. &PARTNERS bought a new position in shares of First Trust China AlphaDEX Fund during the fourth quarter valued at $2,970,000. StoneX Group Inc. raised its stake 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 valued at $1,427,000 after acquiring an additional 42,001 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of First Trust China AlphaDEX Fund during the third quarter worth $1,314,000.

First Trust China AlphaDEX Fund Stock Up 0.9%

Shares of FCA stock opened at $27.30 on Wednesday. First Trust China AlphaDEX Fund has a twelve month low of $24.86 and a twelve month high of $34.60. The stock’s fifty day simple moving average is $28.80 and its 200 day simple moving average is $31.15. The firm has a market capitalization of $32.76 million, a P/E ratio of 9.26 and a beta of 0.42.

First Trust China AlphaDEX Fund Announces Dividend

The company also recently declared 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. This represents a $1.61 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Thursday, June 25th.

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.