Short Interest in First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Decreases By 41.6%

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 17,833 shares, a decline of 41.6% from the April 30th total of 30,526 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,533 shares, the days-to-cover ratio is currently 1.2 days.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Up 2.8%

NASDAQ:FPA opened at $58.49 on Tuesday. The company has a market capitalization of $146.23 million, a PE ratio of 10.39 and a beta of 1.03. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 52-week low of $32.04 and a 52-week high of $58.49. The stock has a fifty day simple moving average of $49.30 and a 200-day simple moving average of $44.39.

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. Investors of record on Thursday, March 26th were given a dividend of $0.4187 per share. This represents a $1.67 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, March 26th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Waverton Investment Management Ltd increased its position in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 7.1% during the 3rd quarter. Waverton Investment Management Ltd now owns 181,590 shares of the company’s stock worth $6,782,000 after purchasing an additional 12,090 shares in the last quarter. Susquehanna International Group LLP grew its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% in the 3rd quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock valued at $1,725,000 after buying an additional 4,915 shares during the period. Rathbones Group PLC grew its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.7% in the 4th quarter. Rathbones Group PLC now owns 36,869 shares of the company’s stock valued at $1,378,000 after buying an additional 3,872 shares during the period. 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. Finally, Osaic Holdings Inc. purchased a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $130,000.

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.