First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Stock Short Interest Report for October

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 10,486 shares, a decline of 75.5% from the September 30th total of 42,884 shares. Based on an average trading volume of 7,648 shares, the short-interest ratio is presently 1.4 days. Currently, 0.4% of the shares of the company are short sold.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Trading Down 1.8%

First Trust Asia Pacific ex-Japan AlphaDEX Fund stock traded down $0.79 during midday trading on Friday, hitting $43.63. The stock had a trading volume of 2,222 shares, compared to its average volume of 18,975. The company has a market capitalization of $106.90 million, a PE ratio of 10.39 and a beta of 1.09. The firm’s fifty day moving average is $48.56 and its two-hundred day moving average is $48.39. 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 company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.3666 per share. The ex-dividend date was Thursday, September 24th. This represents a $1.47 annualized dividend and a yield of 3.4%. This is a boost from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.1513.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Cottonwood Capital Advisors LLC grew its holdings in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% in the third quarter. Cottonwood Capital Advisors LLC now owns 13,774 shares of the company’s stock worth $684,000 after purchasing an additional 447 shares during the last quarter. Signal Advisors Wealth LLC acquired a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the 3rd quarter valued at approximately $218,000. Rathbones Group PLC increased its holdings in shares of 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 period. Compass Financial Management LLC acquired a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the 2nd quarter valued at approximately $319,000. Finally, Risk Paradigm Group LLC grew its position in 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 purchasing an additional 13,578 shares during the period.

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.