First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Sees Significant Increase in Short Interest

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 11,561 shares, a growth of 48.0% from the December 31st total of 7,812 shares. Based on an average trading volume of 2,110 shares, the short-interest ratio is currently 5.5 days. Approximately 1.8% of the company’s stock are short sold. Approximately 1.8% of the company’s stock are short sold. Based on an average trading volume of 2,110 shares, the short-interest ratio is currently 5.5 days.

Institutional Investors Weigh In On First Trust Asia Pacific ex-Japan AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of FPA. Waverton Investment Management Ltd boosted its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 7.1% in the third quarter. Waverton Investment Management Ltd now owns 181,590 shares of the company’s stock valued at $6,782,000 after acquiring an additional 12,090 shares in the last quarter. Synergy Asset Management LLC increased its position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 100.0% during the third quarter. Synergy Asset Management LLC now owns 79,762 shares of the company’s stock worth $2,850,000 after purchasing an additional 39,881 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% in the 3rd quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock valued at $1,725,000 after purchasing an additional 4,915 shares during the last quarter. GeoWealth Management LLC acquired a new stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $1,348,000. Finally, Rathbones Group PLC grew its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.7% during the 4th quarter. Rathbones Group PLC now owns 36,869 shares of the company’s stock worth $1,378,000 after buying an additional 3,872 shares during the last quarter.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Down 1.6%

Shares of FPA opened at $43.88 on Friday. The company has a market capitalization of $28.52 million, a price-to-earnings ratio of 10.39 and a beta of 0.97. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 52-week low of $24.19 and a 52-week high of $44.74. The stock has a 50 day moving average price of $39.21 and a 200 day moving average price of $38.01.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $1.0012 dividend. This represents a $4.00 annualized dividend and a dividend yield of 9.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.22.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Company Profile

The First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund that mostly invests in total market equity. The fund selects and weights 100 stocks from the S&P Asia Pacific Ex-Japan BMI Index based on their growth and value factors. FPA was launched on Apr 18, 2011 and is managed by First Trust.