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

Posted by Frank Smitson on Nov 28th, 2024

First Trust China AlphaDEX Fund (NASDAQ:FCA – Get Free Report) saw a significant drop in short interest during 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 presently 0.0 days.

Institutional Inflows and Outflows

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

First Trust China AlphaDEX Fund Trading Up 2.2 %

Shares of NASDAQ FCA traded up $0.42 during mid-day trading on Thursday, hitting $19.64. The company had a trading volume of 777 shares, compared to its average volume of 5,827. The firm has a 50-day simple moving average of $20.38 and a two-hundred day simple moving average of $19.87. The company has a market capitalization of $8.84 million, a PE ratio of 4.20 and a beta of 0.57. First Trust China AlphaDEX Fund has a one year low of $16.82 and a one year high of $24.12.

First Trust China AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.5414 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 11.03%. This is an increase from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.37. The ex-dividend date was Thursday, September 26th.

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.