First Trust Japan AlphaDEX Fund (NASDAQ:FJP) Short Interest Up 35.3% in January

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) 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 trading volume, of 13,900 shares, the short-interest ratio is presently 0.7 days.

First Trust Japan AlphaDEX Fund Trading Down 0.4 %

Shares of NASDAQ FJP opened at $52.33 on Friday. First Trust Japan AlphaDEX Fund has a 12-month low of $45.39 and a 12-month high of $55.45. The firm has a market capitalization of $183.16 million, a price-to-earnings ratio of 7.05 and a beta of 0.67. The firm has a 50 day moving average of $51.74 and a 200 day moving average of $52.04.

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 given a dividend of $0.9722 per share. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust Japan AlphaDEX Fund

Several institutional investors and hedge funds have recently modified their holdings of FJP. Benjamin Edwards Inc. boosted its holdings in shares of First Trust Japan AlphaDEX Fund by 4,979.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 68,466 shares of the company’s stock worth $3,716,000 after purchasing an additional 67,118 shares during the period. Jane Street Group LLC lifted its stake in First Trust Japan AlphaDEX Fund by 774.3% in the third quarter. Jane Street Group LLC now owns 45,385 shares of the company’s stock worth $2,462,000 after purchasing an additional 40,194 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of First Trust Japan AlphaDEX Fund during the third quarter valued at approximately $1,112,000. Truist Financial Corp raised its holdings in shares of 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 during the period. Finally, Cottonwood Capital Advisors LLC bought a new stake in shares of First Trust Japan AlphaDEX Fund during the 3rd quarter worth approximately $358,000.

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.