First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Short Interest Update

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) was the target 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. Based on an average daily volume of 6,784 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On First Trust Asia Pacific ex-Japan AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. purchased a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the 2nd quarter worth $130,000. Jane Street Group LLC purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter valued at about $850,000. Rathbones Group PLC lifted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 3.4% during the third quarter. Rathbones Group PLC now owns 32,997 shares of the company’s stock worth $1,233,000 after purchasing an additional 1,093 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% during the third quarter. Susquehanna International Group LLP now owns 46,170 shares of the company’s stock worth $1,725,000 after purchasing an additional 4,915 shares in the last quarter.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Stock Performance

FPA opened at $52.15 on Thursday. The firm has a 50 day moving average price of $53.38 and a 200 day moving average price of $46.88. The company 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 has a 1 year low of $34.57 and a 1 year high of $58.89.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.1513 per share. This represents a $0.61 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 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.