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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 63,383 shares, a growth of 25.5% from the December 15th total of 50,516 shares. Based on an average trading volume of 46,489 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 46,489 shares, the days-to-cover ratio is presently 1.4 days.

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

Institutional investors have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at about $26,000. JPMorgan Chase & Co. lifted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock worth $40,000 after acquiring an additional 458 shares during the last quarter. Topsail Wealth Management LLC acquired a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter valued at about $54,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth about $64,000. Finally, Hilltop National Bank acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 2nd quarter valued at approximately $100,000.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 0.1%

FDT stock traded down $0.06 during mid-day trading on Tuesday, hitting $84.64. The stock had a trading volume of 9,313 shares, compared to its average volume of 112,525. First Trust Developed Markets ex-US AlphaDEX Fund has a 1-year low of $51.33 and a 1-year high of $84.88. The company has a fifty day moving average of $79.54 and a 200 day moving average of $75.65. The stock has a market capitalization of $866.71 million, a price-to-earnings ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $1.109 per share. This is a positive change from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41. The ex-dividend date was Friday, December 12th. This represents a $4.44 annualized dividend and a dividend yield of 5.2%.

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.