Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Expands By 493.3%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 8,900 shares, a growth of 493.3% from the January 31st total of 1,500 shares. Based on an average trading volume of 34,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of FDT. Janney Montgomery Scott LLC grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 32.1% during the third quarter. Janney Montgomery Scott LLC now owns 23,945 shares of the company’s stock worth $1,381,000 after acquiring an additional 5,821 shares during the period. TrueWealth Advisors LLC boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% during the 3rd quarter. TrueWealth Advisors LLC now owns 4,042 shares of the company’s stock valued at $233,000 after purchasing an additional 212 shares in the last quarter. Assetmark Inc. grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.4% in the 3rd quarter. Assetmark Inc. now owns 122,911 shares of the company’s stock worth $7,088,000 after purchasing an additional 13,588 shares during the last quarter. Atria Investments Inc raised its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 6.7% in the 3rd quarter. Atria Investments Inc now owns 37,539 shares of the company’s stock worth $2,165,000 after purchasing an additional 2,358 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% during the third quarter. Apollon Wealth Management LLC now owns 5,384 shares of the company’s stock valued at $310,000 after purchasing an additional 274 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

Shares of NASDAQ FDT traded down $0.12 during mid-day trading on Friday, reaching $57.64. 19,430 shares of the company traded hands, compared to its average volume of 40,475. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $50.47 and a fifty-two week high of $58.95. The firm has a market cap of $411.55 million, a PE ratio of 7.34 and a beta of 0.96. The stock has a fifty day simple moving average of $55.62 and a 200-day simple moving average of $56.07.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.789 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Developed Markets ex-US AlphaDEX Fund

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.