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

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 19,891 shares, a decrease of 48.5% from the February 12th total of 38,611 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 12,829 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 12,829 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of First Trust Japan AlphaDEX Fund

Several large investors have recently modified their holdings of the business. Rossby Financial LCC lifted its holdings in First Trust Japan AlphaDEX Fund by 32.7% during the 3rd quarter. Rossby Financial LCC now owns 755 shares of the company’s stock worth $49,000 after buying an additional 186 shares during the last quarter. Mariner LLC bought a new stake in shares of First Trust Japan AlphaDEX Fund in the 4th quarter valued at approximately $217,000. Envestnet Portfolio Solutions Inc. raised its position in shares of First Trust Japan AlphaDEX Fund by 5.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,379 shares of the company’s stock valued at $227,000 after acquiring an additional 182 shares in the last quarter. BlueChip Wealth Advisors LLC lifted its stake in First Trust Japan AlphaDEX Fund by 7.2% during the third quarter. BlueChip Wealth Advisors LLC now owns 3,717 shares of the company’s stock worth $242,000 after purchasing an additional 249 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. lifted its stake in First Trust Japan AlphaDEX Fund by 8.8% during the second quarter. FSB Premier Wealth Management Inc. now owns 4,130 shares of the company’s stock worth $247,000 after purchasing an additional 333 shares during the last quarter.

First Trust Japan AlphaDEX Fund Price Performance

FJP traded down $0.76 during trading hours on Friday, reaching $71.93. 12,105 shares of the stock traded hands, compared to its average volume of 13,249. First Trust Japan AlphaDEX Fund has a fifty-two week low of $43.52 and a fifty-two week high of $82.45. The company has a market cap of $222.98 million, a price-to-earnings ratio of 10.49 and a beta of 0.59. The firm’s fifty day simple moving average is $74.64 and its two-hundred day simple moving average is $69.35.

First Trust Japan AlphaDEX Fund Company Profile

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.