Short Interest in First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Decreases By 34.5%

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 9,103 shares, a decline of 34.5% from the May 31st total of 13,904 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 6,784 shares, the short-interest ratio is currently 1.3 days.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Down 2.6%

NASDAQ FPA opened at $52.15 on Thursday. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a fifty-two week low of $34.57 and a fifty-two week high of $58.89. The business has a 50 day moving average price of $53.38 and a two-hundred day moving average price of $46.88. The stock has a market cap of $130.38 million, a PE ratio of 10.39 and a beta of 1.05.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.1513 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 25th.

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

A number of large investors have recently added to or reduced their stakes in FPA. Rathbones Group PLC increased its stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% during the 3rd quarter. Rathbones Group PLC now owns 32,997 shares of the company’s stock worth $1,233,000 after buying an additional 1,093 shares during the period. Osaic Holdings Inc. acquired a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter worth $130,000. Susquehanna International Group LLP lifted 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 worth $1,725,000 after buying an additional 4,915 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the 2nd quarter valued at about $850,000.

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.