First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Short Interest Update

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 5,856 shares, a decrease of 38.4% from the August 31st total of 9,502 shares. Based on an average daily volume of 1,682 shares, the short-interest ratio is presently 3.5 days. Approximately 0.3% of the company’s shares are short sold.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Down 0.2%

Shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund stock traded down $0.11 during trading hours on Thursday, hitting $49.52. The company’s stock had a trading volume of 1,295 shares, compared to its average volume of 19,472. The business has a fifty day moving average of $48.91 and a 200 day moving average of $49.73. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 1-year low of $36.23 and a 1-year high of $58.89. The company has a market capitalization of $111.42 million, a PE ratio of 10.39 and a beta of 1.10.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.3666 dividend. This represents a $1.47 annualized dividend and a yield of 3.0%. This is a boost from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.1513. The ex-dividend date of this dividend was Thursday, September 24th.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Compass Financial Management LLC acquired a new stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter valued at about $319,000. RPg Family Wealth Advisory LLC lifted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 74.2% in the second quarter. RPg Family Wealth Advisory LLC now owns 33,266 shares of the company’s stock worth $1,832,000 after acquiring an additional 14,170 shares in the last quarter. Risk Paradigm Group LLC lifted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 74.6% in the second quarter. Risk Paradigm Group LLC now owns 31,790 shares of the company’s stock worth $1,751,000 after acquiring an additional 13,578 shares in the last quarter. Finally, Rathbones Group PLC boosted its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 14.5% in the first quarter. Rathbones Group PLC now owns 42,208 shares of the company’s stock valued at $1,835,000 after purchasing an additional 5,339 shares during the last quarter.

About First Trust Asia Pacific ex-Japan AlphaDEX Fund

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.