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

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

First Trust Japan AlphaDEX Fund Price Performance

Shares of FJP stock opened at $52.33 on Friday. The company has a market capitalization of $183.16 million, a P/E ratio of 7.05 and a beta of 0.67. The company’s 50-day simple moving average is $51.74 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 Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.9722 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Japan AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Great Valley Advisor Group Inc. raised its stake in First Trust Japan AlphaDEX Fund by 10.5% in the third 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 in the last quarter. Transamerica Financial Advisors Inc. increased its holdings in shares of First Trust Japan AlphaDEX Fund by 0.8% in the 3rd quarter. Transamerica Financial Advisors Inc. now owns 33,299 shares of the company’s stock valued at $1,807,000 after acquiring an additional 258 shares during the period. Prospera Financial Services Inc raised its position in shares of First Trust Japan AlphaDEX Fund by 11.7% in the 3rd quarter. Prospera Financial Services Inc now owns 22,177 shares of the company’s stock worth $1,203,000 after acquiring an additional 2,325 shares in the last quarter. Atria Investments Inc lifted its stake in shares of First Trust Japan AlphaDEX Fund by 9.4% during the 3rd quarter. Atria Investments Inc now owns 14,520 shares of the company’s stock worth $788,000 after purchasing an additional 1,242 shares during the last quarter. Finally, Holistic Financial Partners boosted its position in First Trust Japan AlphaDEX Fund by 3.7% during the third quarter. Holistic Financial Partners now owns 51,991 shares of the company’s stock valued at $2,820,000 after purchasing an additional 1,865 shares in 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.