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

Posted by Trevor Kearing on Nov 28th, 2024

First Trust China AlphaDEX Fund (NASDAQ:FCA – Get Free Report) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 99.5% from the October 31st total of 18,200 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of First Trust China AlphaDEX Fund

A hedge fund recently bought a new stake in First Trust China AlphaDEX Fund stock. Integrated Wealth Concepts LLC bought a new position in shares of First Trust China AlphaDEX Fund (NASDAQ:FCA – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,120 shares of the company’s stock, valued at approximately $276,000. Integrated Wealth Concepts LLC owned about 2.92% of First Trust China AlphaDEX Fund at the end of the most recent reporting period.

First Trust China AlphaDEX Fund Price Performance

FCA stock traded up $0.42 during midday trading on Thursday, reaching $19.64. The company had a trading volume of 777 shares, compared to its average volume of 5,827. First Trust China AlphaDEX Fund has a 1-year low of $16.82 and a 1-year high of $24.12. The stock has a 50 day moving average price of $20.38 and a 200-day moving average price of $19.87. The company has a market capitalization of $8.84 million, a price-to-earnings ratio of 4.20 and a beta of 0.57.

First Trust China AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.5414 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.37. This represents a $2.17 annualized dividend and a dividend yield of 11.03%.

About First Trust China AlphaDEX Fund

(Get Free Report)

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.