First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Sees Significant Increase in Short Interest

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 4,800 shares, a growth of 2,300.0% from the September 30th total of 200 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 2.0 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of First Trust Asia Pacific ex-Japan AlphaDEX Fund

Several hedge funds have recently bought and sold shares of the stock. Waverton Investment Management Ltd grew its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 5.3% during the second quarter. Waverton Investment Management Ltd now owns 169,500 shares of the company’s stock valued at $6,026,000 after purchasing an additional 8,570 shares during the period. Synergy Asset Management LLC boosted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 100.0% in the third quarter. Synergy Asset Management LLC now owns 79,762 shares of the company’s stock worth $2,850,000 after acquiring an additional 39,881 shares during the period. GeoWealth Management LLC bought a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter worth about $1,348,000. Rathbones Group PLC boosted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 15.2% in the second quarter. Rathbones Group PLC now owns 31,904 shares of the company’s stock worth $1,140,000 after acquiring an additional 4,201 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 6.5% in the first quarter. Atria Wealth Solutions Inc. now owns 30,309 shares of the company’s stock worth $861,000 after acquiring an additional 1,862 shares during the period.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Performance

NASDAQ:FPA opened at $39.31 on Tuesday. The stock has a 50-day simple moving average of $37.37 and a two-hundred day simple moving average of $34.83. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 52-week low of $24.19 and a 52-week high of $39.69. The firm has a market capitalization of $23.59 million, a PE ratio of 10.39 and a beta of 1.00.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.2209 per share. This represents a $0.88 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, September 25th.

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.