Short Interest in First Trust China AlphaDEX Fund (NASDAQ:FCA) Expands By 12,400.0%

First Trust China AlphaDEX Fund (NASDAQ:FCA) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 12,500 shares, a growth of 12,400.0% from the November 30th total of 100 shares. Based on an average daily volume of 42,900 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First Trust China AlphaDEX Fund stock. Integrated Wealth Concepts LLC acquired a new stake in First Trust China AlphaDEX Fund (NASDAQ:FCA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,120 shares of the company’s stock, valued at approximately $276,000. Integrated Wealth Concepts LLC owned 2.92% of First Trust China AlphaDEX Fund as of its most recent filing with the Securities & Exchange Commission.

First Trust China AlphaDEX Fund Price Performance

NASDAQ:FCA traded up $0.12 during mid-day trading on Thursday, reaching $20.28. The stock had a trading volume of 524 shares, compared to its average volume of 13,867. The stock has a 50-day simple moving average of $20.13 and a two-hundred day simple moving average of $19.71. First Trust China AlphaDEX Fund has a 12 month low of $16.82 and a 12 month high of $24.12. The stock has a market capitalization of $9.13 million, a PE ratio of 4.20 and a beta of 0.57.

First Trust China AlphaDEX Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.022 per share. The ex-dividend date of this dividend is 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.