First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 13,500 shares, an increase of 650.0% from the March 15th total of 1,800 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 41,300 shares, the days-to-cover ratio is presently 0.3 days.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 1.1 %

FDT stock traded up $0.61 during trading on Monday, hitting $57.63. The company had a trading volume of 12,713 shares, compared to its average volume of 39,944. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $50.47 and a 52-week high of $61.02. The company has a 50 day simple moving average of $57.85 and a 200-day simple moving average of $56.44. The firm has a market capitalization of $417.24 million, a P/E ratio of 9.11 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1074 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.43 annualized dividend and a yield of 0.75%.

Hedge Funds Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

Several institutional investors have recently made changes to their positions in the company. FMR LLC increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% during the third quarter. FMR LLC now owns 555 shares of the company’s stock valued at $32,000 after buying an additional 382 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter valued at about $35,000. Farther Finance Advisors LLC raised its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 55.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,034 shares of the company’s stock valued at $60,000 after purchasing an additional 369 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% during the fourth quarter. GAMMA Investing LLC now owns 2,177 shares of the company’s stock worth $118,000 after buying an additional 462 shares during the period. Finally, Tucker Asset Management LLC lifted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% during the 4th quarter. Tucker Asset Management LLC now owns 2,635 shares of the company’s stock worth $143,000 after acquiring an additional 741 shares during the period.

First Trust Developed Markets ex-US AlphaDEX Fund Company Profile

The First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US index. The fund tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FDT was launched on Apr 18, 2011 and is managed by First Trust.