First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Stock Short Interest Rises 632.3%

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 42,884 shares, an increase of 632.3% from the September 15th total of 5,856 shares. Based on an average daily volume of 24,449 shares, the short-interest ratio is presently 1.8 days. Currently, 1.8% of the company’s stock are short sold.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

Shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund stock opened at $48.64 on Friday. The firm has a market cap of $116.74 million, a price-to-earnings ratio of 10.39 and a beta of 1.09. The stock has a 50-day simple moving average of $49.50 and a 200-day simple moving average of $49.92. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 52-week low of $36.23 and a 52-week high of $58.89.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.3666 per share. This is a positive change from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.1513. The ex-dividend date was Thursday, September 24th. This represents a $1.47 annualized dividend and a dividend yield of 3.0%.

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

A number of large investors have recently bought and sold shares of the business. Rathbones Group PLC raised its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 14.5% during the first quarter. Rathbones Group PLC now owns 42,208 shares of the company’s stock valued at $1,835,000 after buying an additional 5,339 shares in the last quarter. Compass Financial Management LLC bought a new stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund during the 2nd quarter worth about $319,000. Risk Paradigm Group LLC boosted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 74.6% during the 2nd 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, RPg Family Wealth Advisory LLC increased its holdings in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 74.2% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 33,266 shares of the company’s stock valued at $1,832,000 after acquiring an additional 14,170 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.