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

First Trust Japan AlphaDEX Fund (NASDAQ:FJP) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 15,200 shares, a growth of 130.3% from the October 15th total of 6,600 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 1.7 days.

First Trust Japan AlphaDEX Fund Price Performance

First Trust Japan AlphaDEX Fund stock traded down $0.27 during trading hours on Wednesday, hitting $52.12. The company had a trading volume of 39,111 shares, compared to its average volume of 14,279. First Trust Japan AlphaDEX Fund has a one year low of $45.39 and a one year high of $55.45. The firm has a 50-day moving average of $52.67 and a 200 day moving average of $52.33. The firm has a market cap of $195.45 million, a PE ratio of 7.05 and a beta of 0.67.

Institutional Trading of First Trust Japan AlphaDEX Fund

Several large investors have recently modified their holdings of the stock. Coppell Advisory Solutions Corp. acquired a new position in First Trust Japan AlphaDEX Fund during the first quarter valued at approximately $2,196,000. US Bancorp DE lifted its position in shares of First Trust Japan AlphaDEX Fund by 390,933.3% during the 1st quarter. US Bancorp DE now owns 35,193 shares of the company’s stock worth $1,940,000 after buying an additional 35,184 shares during the last quarter. Rathbones Group PLC boosted its stake in First Trust Japan AlphaDEX Fund by 35.8% in the second quarter. Rathbones Group PLC now owns 62,999 shares of the company’s stock valued at $3,246,000 after buying an additional 16,620 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in First Trust Japan AlphaDEX Fund by 32.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 67,261 shares of the company’s stock valued at $3,466,000 after acquiring an additional 16,475 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of First Trust Japan AlphaDEX Fund by 41.5% in the first quarter. Cetera Investment Advisers now owns 54,906 shares of the company’s stock worth $3,027,000 after acquiring an additional 16,102 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.