First Trust China AlphaDEX Fund (NASDAQ:FCA) Sees Significant Growth in Short Interest

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 43 shares, a growth of 2,050.0% from the July 30th total of 2 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,485 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On First Trust China AlphaDEX Fund

Several hedge funds have recently made changes to their positions in the business. Compass Financial Management LLC purchased a new position in shares of First Trust China AlphaDEX Fund during the 2nd quarter worth approximately $40,000. Advisory Services Network LLC purchased a new position in shares of First Trust China AlphaDEX Fund in the 3rd quarter valued at approximately $69,000. Kestra Advisory Services LLC purchased a new position in shares of First Trust China AlphaDEX Fund in the 4th quarter valued at approximately $153,000. StoneX Group Inc. bought a new stake in shares of First Trust China AlphaDEX Fund during the second quarter valued at approximately $204,000. Finally, Endeavor Private Wealth Inc. bought a new stake in shares of First Trust China AlphaDEX Fund during the second quarter valued at approximately $355,000.

First Trust China AlphaDEX Fund Stock Performance

First Trust China AlphaDEX Fund stock traded up $0.17 during mid-day trading on Tuesday, hitting $27.49. 22,397 shares of the company traded hands, compared to its average volume of 51,891. First Trust China AlphaDEX Fund has a one year low of $25.81 and a one year high of $34.60. The stock has a market cap of $32.99 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. The stock has a fifty day moving average price of $27.46 and a 200-day moving average price of $30.62.

First Trust China AlphaDEX Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.4019 dividend. This represents a $1.61 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Thursday, June 25th.

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.