First Trust China AlphaDEX Fund (NASDAQ:FCA) Short Interest Up 214.3% in February

First Trust China AlphaDEX Fund (NASDAQ:FCA) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 2,200 shares, an increase of 214.3% from the January 31st total of 700 shares. Based on an average daily trading volume, of 43,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FCA. Integrated Wealth Concepts LLC purchased a new position in First Trust China AlphaDEX Fund in the third quarter valued at about $276,000. Transamerica Financial Advisors Inc. increased its position in First Trust China AlphaDEX Fund by 231,000.0% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 13,866 shares of the company’s stock worth $278,000 after buying an additional 13,860 shares during the last quarter. Avestar Capital LLC bought a new stake in shares of First Trust China AlphaDEX Fund in the fourth quarter valued at $308,000. Raymond James Financial Inc. bought a new position in shares of First Trust China AlphaDEX Fund during the 4th quarter worth $688,000. Finally, Citadel Advisors LLC purchased a new stake in First Trust China AlphaDEX Fund in the 4th quarter worth about $1,265,000.

First Trust China AlphaDEX Fund Stock Down 2.4 %

FCA stock traded down $0.52 during mid-day trading on Friday, reaching $20.77. 759 shares of the company traded hands, compared to its average volume of 17,109. The stock has a market cap of $46.73 million, a price-to-earnings ratio of 4.20 and a beta of 0.57. First Trust China AlphaDEX Fund has a fifty-two week low of $17.17 and a fifty-two week high of $24.12. The firm’s 50 day moving average price is $20.16 and its 200 day moving average price is $19.87.

First Trust China AlphaDEX Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.022 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.