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

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 15,600 shares, a growth of 56.0% from the April 15th total of 10,000 shares. Based on an average trading volume of 14,400 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On First Trust Japan AlphaDEX Fund

Institutional investors have recently bought and sold shares of the stock. Principal Securities Inc. bought a new stake in First Trust Japan AlphaDEX Fund in the fourth quarter worth $30,000. NBC Securities Inc. bought a new position in shares of First Trust Japan AlphaDEX Fund in the 3rd quarter valued at about $43,000. Provence Wealth Management Group purchased a new position in First Trust Japan AlphaDEX Fund in the third quarter worth about $95,000. ABLE Financial Group LLC purchased a new stake in First Trust Japan AlphaDEX Fund during the third quarter valued at approximately $202,000. Finally, D.A. Davidson & CO. bought a new stake in shares of First Trust Japan AlphaDEX Fund in the 3rd quarter valued at approximately $302,000.

First Trust Japan AlphaDEX Fund Trading Up 0.3 %

NASDAQ FJP traded up $0.14 on Friday, hitting $53.13. 4,787 shares of the company traded hands, compared to its average volume of 15,578. The business’s 50 day moving average price is $53.77 and its 200-day moving average price is $51.83. First Trust Japan AlphaDEX Fund has a 52-week low of $44.65 and a 52-week high of $55.44. The company has a market capitalization of $204.55 million, a price-to-earnings ratio of 7.05 and a beta of 0.67.

First Trust Japan AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.2998 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.20 dividend on an annualized basis and a yield of 2.26%.

About First Trust Japan AlphaDEX Fund

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.