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

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 9,200 shares, an increase of 35.3% from the December 31st total of 6,800 shares. Based on an average daily trading volume, of 13,900 shares, the short-interest ratio is currently 0.7 days.

First Trust Japan AlphaDEX Fund Stock Performance

NASDAQ FJP opened at $52.02 on Thursday. The company has a market capitalization of $182.07 million, a price-to-earnings ratio of 7.05 and a beta of 0.67. The company’s 50-day simple moving average is $51.72 and its two-hundred day simple moving average is $52.04. First Trust Japan AlphaDEX Fund has a one year low of $45.39 and a one year high of $55.45.

First Trust Japan AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.9722 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust Japan AlphaDEX Fund during the 3rd quarter worth $27,000. HBW Advisory Services LLC bought a new position in First Trust Japan AlphaDEX Fund in the fourth quarter worth about $200,000. ABLE Financial Group LLC purchased a new stake in shares of First Trust Japan AlphaDEX Fund during the third quarter valued at about $202,000. Sanctuary Advisors LLC bought a new stake in shares of First Trust Japan AlphaDEX Fund in the 2nd quarter valued at about $228,000. Finally, Great Valley Advisor Group Inc. grew its position in shares of First Trust Japan AlphaDEX Fund by 10.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 4,305 shares of the company’s stock worth $234,000 after buying an additional 410 shares during the last quarter.

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.