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 May. As of May 15th, there was short interest totaling 17,833 shares, a decrease of 41.6% from the April 30th total of 30,526 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 14,533 shares, the days-to-cover ratio is currently 1.2 days.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Down 2.7%

First Trust Asia Pacific ex-Japan AlphaDEX Fund stock traded down $1.54 during mid-day trading on Thursday, hitting $54.54. 759 shares of the company were exchanged, compared to its average volume of 25,612. The business has a fifty day moving average of $49.76 and a 200 day moving average of $44.63. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 1-year low of $33.14 and a 1-year high of $58.49. The company has a market capitalization of $136.35 million, a PE ratio of 10.39 and a beta of 1.03.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.4187 per share. This represents a $1.67 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, March 26th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FPA. Osaic Holdings Inc. acquired a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter worth $130,000. Jane Street Group LLC acquired a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter worth $850,000. Rathbones Group PLC raised its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% during the third quarter. Rathbones Group PLC now owns 32,997 shares of the company’s stock worth $1,233,000 after acquiring an additional 1,093 shares in the last quarter. Susquehanna International Group LLP raised its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% during the third 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 in the last quarter. Finally, Waverton Investment Management Ltd raised its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 7.1% during the third quarter. Waverton Investment Management Ltd now owns 181,590 shares of the company’s stock worth $6,782,000 after acquiring an additional 12,090 shares in the last quarter.

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.