First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Up 514.0% in August

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 264 shares, a growth of 514.0% from the August 15th total of 43 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 5,919 shares, the short-interest ratio is currently 0.0 days.

First Trust China AlphaDEX Fund Trading Down 0.9%

Shares of FCA opened at $27.25 on Friday. First Trust China AlphaDEX Fund has a 12 month low of $25.81 and a 12 month high of $34.60. The firm’s fifty day simple moving average is $27.19 and its two-hundred day simple moving average is $30.13. The stock has a market capitalization of $32.70 million, a P/E ratio of 9.26 and a beta of 0.42.

First Trust China AlphaDEX Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.4019 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.61 annualized dividend and a yield of 5.9%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FCA. Integrated Wealth Concepts LLC bought a new stake in shares of First Trust China AlphaDEX Fund during the second quarter valued at approximately $194,000. Citadel Advisors LLC boosted its holdings in First Trust China AlphaDEX Fund by 1,196.2% during the second quarter. Citadel Advisors LLC now owns 89,362 shares of the company’s stock worth $2,436,000 after purchasing an additional 82,468 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of First Trust China AlphaDEX Fund during the second quarter valued at approximately $355,000. Compass Financial Management LLC bought a new stake in shares of First Trust China AlphaDEX Fund during the 2nd quarter worth $40,000. Finally, First Trust Advisors LP boosted its stake in 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 acquiring an additional 699,253 shares during the last quarter.

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.