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 recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 9,662 shares, a decline of 23.9% from the February 26th total of 12,694 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 11,362 shares, the days-to-cover ratio is presently 0.9 days.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

NASDAQ FPA opened at $43.00 on Friday. The company has a fifty day moving average price of $45.34 and a 200-day moving average price of $40.70. The firm has a market cap of $27.95 million, a price-to-earnings ratio of 10.39 and a beta of 0.97. First Trust Asia Pacific ex-Japan AlphaDEX Fund has a 1 year low of $24.19 and a 1 year high of $50.67.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be issued a dividend of $0.4187 per share. The ex-dividend date is Thursday, March 26th. This represents a $1.67 annualized dividend and a yield of 3.9%.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Synergy Asset Management LLC boosted its stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 100.0% in the 3rd quarter. Synergy Asset Management LLC now owns 79,762 shares of the company’s stock worth $2,850,000 after buying an additional 39,881 shares during the last quarter. GeoWealth Management LLC bought a new position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter valued at approximately $1,348,000. Jane Street Group LLC purchased a new stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter valued at approximately $850,000. Waverton Investment Management Ltd lifted its holdings in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 7.1% during the third quarter. Waverton Investment Management Ltd now owns 181,590 shares of the company’s stock worth $6,782,000 after acquiring an additional 12,090 shares during the period. Finally, Susquehanna International Group LLP lifted its holdings in 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 acquiring an additional 4,915 shares during the period.

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.