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 target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,103 shares, a decrease of 34.5% from the May 31st total of 13,904 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 6,784 shares, the short-interest ratio is presently 1.3 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in FPA. Osaic Holdings Inc. purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter worth about $130,000. Jane Street Group LLC purchased a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $850,000. Rathbones Group PLC increased its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% during the 3rd quarter. Rathbones Group PLC now owns 32,997 shares of the company’s stock valued at $1,233,000 after acquiring an additional 1,093 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% during the 3rd quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock worth $1,725,000 after acquiring an additional 4,915 shares during the period.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

NASDAQ FPA remained flat at $50.84 during mid-day trading on Friday. 5,604 shares of the company were exchanged, compared to its average volume of 24,848. The firm has a market capitalization of $119.47 million, a PE ratio of 10.39 and a beta of 1.06. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 1 year low of $34.57 and a 1 year high of $58.89. The firm’s fifty day simple moving average is $53.44 and its two-hundred day simple moving average is $46.97.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.1513 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.61 annualized dividend and a dividend yield of 1.2%.

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.