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

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 2 shares, a decline of 99.5% from the July 15th total of 422 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 8,184 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in shares of First Trust China AlphaDEX Fund by 25.9% during the first quarter. Kestra Advisory Services LLC now owns 6,809 shares of the company’s stock valued at $213,000 after purchasing an additional 1,400 shares in the last quarter. Advisory Services Network LLC bought a new position in First Trust China AlphaDEX Fund in the third quarter worth $69,000. Raymond James Financial Inc. lifted its position in First Trust China AlphaDEX Fund by 12.7% during the third quarter. Raymond James Financial Inc. now owns 31,601 shares of the company’s stock valued at $915,000 after buying an additional 3,557 shares during the period. StoneX Group Inc. purchased a new position in First Trust China AlphaDEX Fund during the second quarter valued at $204,000. Finally, GeoWealth Management LLC bought a new stake in shares of First Trust China AlphaDEX Fund during the 3rd quarter valued at $587,000.

First Trust China AlphaDEX Fund Trading Down 0.9%

NASDAQ FCA traded down $0.24 during trading on Tuesday, hitting $27.60. The company had a trading volume of 2,326 shares, compared to its average volume of 54,853. First Trust China AlphaDEX Fund has a one year low of $25.81 and a one year high of $34.60. The company has a market cap of $33.12 million, a price-to-earnings ratio of 9.26 and a beta of 0.43. The company’s fifty day moving average is $28.03 and its 200-day moving average is $30.91.

First Trust China AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.4019 per share. This represents a $1.61 annualized dividend 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.