First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Short Interest Update

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 38,611 shares, an increase of 108.3% from the January 29th total of 18,534 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 18,804 shares, the short-interest ratio is currently 2.1 days. Based on an average daily trading volume, of 18,804 shares, the short-interest ratio is currently 2.1 days. Approximately 1.2% of the shares of the company are short sold.

Hedge Funds Weigh In On First Trust Japan AlphaDEX Fund

Large investors have recently bought and sold shares of the stock. Pacific Excel Wealth Advisors Inc. bought a new stake in shares of First Trust Japan AlphaDEX Fund during the 4th quarter worth about $386,000. Cetera Investment Advisers raised its holdings in First Trust Japan AlphaDEX Fund by 8.8% during the fourth quarter. Cetera Investment Advisers now owns 119,426 shares of the company’s stock worth $8,022,000 after purchasing an additional 9,666 shares in the last quarter. Mariner LLC acquired a new stake in First Trust Japan AlphaDEX Fund in the fourth quarter worth approximately $217,000. Kestra Advisory Services LLC boosted its stake in First Trust Japan AlphaDEX Fund by 10.9% during the 4th quarter. Kestra Advisory Services LLC now owns 11,870 shares of the company’s stock valued at $797,000 after purchasing an additional 1,169 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its position in shares of First Trust Japan AlphaDEX Fund by 0.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 30,183 shares of the company’s stock valued at $2,028,000 after purchasing an additional 144 shares during the period.

First Trust Japan AlphaDEX Fund Trading Up 1.0%

FJP traded up $0.83 during trading hours on Friday, hitting $82.16. The company’s stock had a trading volume of 9,773 shares, compared to its average volume of 13,434. The company has a 50-day simple moving average of $72.88 and a 200 day simple moving average of $68.51. The firm has a market capitalization of $254.70 million, a PE ratio of 10.49 and a beta of 0.59. First Trust Japan AlphaDEX Fund has a fifty-two week low of $43.52 and a fifty-two week high of $82.45.

First Trust Japan AlphaDEX Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $1.3356 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $5.34 annualized dividend and a yield of 6.5%.

About First Trust Japan AlphaDEX Fund

The First Trust Japan AlphaDEX Fund (FJP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Japan index. The fund tracks a tiered equal-weighted index of Japanese equities selected using both growth and value screens. FJP was launched on Apr 18, 2011 and is managed by First Trust.