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

by · The Cerbat Gem

First Trust Japan AlphaDEX Fund (NASDAQ:FJP – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 16,008 shares, a decline of 29.2% from the December 15th total of 22,610 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 7,425 shares, the short-interest ratio is currently 2.2 days. Based on an average daily trading volume, of 7,425 shares, the short-interest ratio is currently 2.2 days. Approximately 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On First Trust Japan AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FJP. Rossby Financial LCC lifted its position in shares of First Trust Japan AlphaDEX Fund by 32.7% in the 3rd quarter. Rossby Financial LCC now owns 755 shares of the company’s stock worth $49,000 after purchasing an additional 186 shares during the period. Moser Wealth Advisors LLC bought a new stake in First Trust Japan AlphaDEX Fund during the 2nd quarter valued at approximately $70,000. BlueChip Wealth Advisors LLC purchased a new position in shares of First Trust Japan AlphaDEX Fund during the 2nd quarter worth approximately $207,000. ABLE Financial Group LLC purchased a new position in shares of First Trust Japan AlphaDEX Fund in the 2nd quarter valued at approximately $212,000. Finally, Traction Financial Partners LLC purchased a new position in shares of First Trust Japan AlphaDEX Fund in the 2nd quarter valued at approximately $234,000.

First Trust Japan AlphaDEX Fund Stock Up 0.5%

Shares of First Trust Japan AlphaDEX Fund stock traded up $0.32 on Friday, hitting $70.79. The stock had a trading volume of 13,233 shares, compared to its average volume of 11,248. First Trust Japan AlphaDEX Fund has a one year low of $43.52 and a one year high of $71.34. The stock’s 50-day simple moving average is $67.95 and its two-hundred day simple moving average is $65.21. The stock has a market cap of $290.24 million, a price-to-earnings ratio of 10.49 and a beta of 0.59.

First Trust Japan AlphaDEX Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $1.3356 per share. This represents a $5.34 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date was Friday, December 12th.

About First Trust Japan AlphaDEX Fund

(Get Free Report)

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.

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