Short Interest in First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Increases By 35.3%

First Trust Japan AlphaDEX Fund (NASDAQ:FJP - Get Free Report) was the target of a large increase in short interest during 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 volume of 13,900 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of First Trust Japan AlphaDEX Fund

Several large investors have recently modified their holdings of the company. Truist Financial Corp increased its position in First Trust Japan AlphaDEX Fund by 91.5% in the fourth quarter. Truist Financial Corp now owns 22,567 shares of the company's stock worth $1,166,000 after buying an additional 10,780 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in First Trust Japan AlphaDEX Fund by 4.6% in the 4th quarter. Sanctuary Advisors LLC now owns 5,813 shares of the company's stock worth $306,000 after acquiring an additional 256 shares in the last quarter. Principal Securities Inc. raised its stake in First Trust Japan AlphaDEX Fund by 26.1% during the 4th quarter. Principal Securities Inc. now owns 1,895 shares of the company's stock worth $98,000 after acquiring an additional 392 shares during the period. Iams Wealth Management LLC lifted its holdings in First Trust Japan AlphaDEX Fund by 4.4% during the fourth quarter. Iams Wealth Management LLC now owns 10,680 shares of the company's stock valued at $552,000 after purchasing an additional 450 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in shares of First Trust Japan AlphaDEX Fund by 6.5% in the fourth quarter. Gateway Wealth Partners LLC now owns 14,386 shares of the company's stock worth $743,000 after purchasing an additional 872 shares during the period.

First Trust Japan AlphaDEX Fund Trading Down 0.8 %

NASDAQ:FJP traded down $0.40 during mid-day trading on Monday, reaching $51.93. The company's stock had a trading volume of 10,729 shares, compared to its average volume of 25,602. The stock has a market cap of $179.16 million, a P/E ratio of 7.05 and a beta of 0.67. The firm's fifty day moving average price is $51.74 and its two-hundred day moving average price is $52.01. First Trust Japan AlphaDEX Fund has a 12-month low of $45.39 and a 12-month high of $55.45.

First Trust Japan AlphaDEX Fund Dividend Announcement

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

First Trust Japan AlphaDEX Fund Company Profile

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.