First Trust China AlphaDEX Fund (NASDAQ:FCA) Shares Shorted: Short Interest Down 94.8% in September

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 484 shares, a decrease of 94.8% from the September 15th total of 9,326 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,337 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust China AlphaDEX Fund

Several hedge funds have recently modified their holdings of FCA. Integrated Wealth Concepts LLC bought a new stake in First Trust China AlphaDEX Fund during the second quarter worth approximately $194,000. Citadel Advisors LLC grew its position in First Trust China AlphaDEX Fund by 1,196.2% in the second quarter. Citadel Advisors LLC now owns 89,362 shares of the company’s stock worth $2,436,000 after buying an additional 82,468 shares during the last quarter. Endeavor Private Wealth Inc. bought a new position in shares of First Trust China AlphaDEX Fund in the second quarter valued at $355,000. Compass Financial Management LLC bought a new position in shares of First Trust China AlphaDEX Fund in the second quarter valued at $40,000. Finally, First Trust Advisors LP increased its holdings in shares of 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.

First Trust China AlphaDEX Fund Price Performance

Shares of First Trust China AlphaDEX Fund stock traded up $0.15 on Friday, hitting $25.63. The company had a trading volume of 536 shares, compared to its average volume of 44,306. The business has a 50-day simple moving average of $26.96 and a 200-day simple moving average of $29.14. The company has a market cap of $29.48 million, a PE ratio of 9.26 and a beta of 0.43. First Trust China AlphaDEX Fund has a 52 week low of $25.13 and a 52 week high of $34.60.

First Trust China AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.8921 dividend. This represents a $3.57 dividend on an annualized basis and a yield of 13.9%. This is a positive change from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.4019. The ex-dividend date was Thursday, September 24th.

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.