First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) Short Interest Up 147.9% in February

First Trust Asia Pacific ex-Japan AlphaDEX Fund (NASDAQ:FPA) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 34,097 shares, a growth of 147.9% from the January 29th total of 13,752 shares. Based on an average daily trading volume, of 8,950 shares, the days-to-cover ratio is presently 3.8 days. Approximately 5.2% of the shares of the company are short sold. Approximately 5.2% of the shares of the company are short sold. Based on an average daily trading volume, of 8,950 shares, the days-to-cover ratio is presently 3.8 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. acquired a new stake in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund during the 2nd quarter worth approximately $130,000. Jane Street Group LLC purchased a new stake in First Trust Asia Pacific ex-Japan AlphaDEX Fund during the second quarter worth $850,000. Rathbones Group PLC grew its position in First Trust Asia Pacific ex-Japan AlphaDEX Fund by 15.2% during the second quarter. Rathbones Group PLC now owns 31,904 shares of the company’s stock valued at $1,140,000 after buying an additional 4,201 shares during the period. GeoWealth Management LLC purchased a new position in First Trust Asia Pacific ex-Japan AlphaDEX Fund in the second quarter valued at $1,348,000. Finally, Susquehanna International Group LLP raised its position in shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund by 11.9% in 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.

First Trust Asia Pacific ex-Japan AlphaDEX Fund Price Performance

Shares of First Trust Asia Pacific ex-Japan AlphaDEX Fund stock opened at $49.98 on Friday. The stock has a market cap of $32.49 million, a PE ratio of 10.39 and a beta of 0.97. The firm has a fifty day moving average price of $42.62 and a 200 day moving average price of $39.45. 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 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $1.0012 per share. This represents a $4.00 annualized dividend and a yield of 8.0%. This is a positive change from First Trust Asia Pacific ex-Japan AlphaDEX Fund’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, December 12th.

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.