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

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

Institutional Investors Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

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

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.8 %

Shares of First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.45 during trading on Thursday, hitting $57.76. 21,270 shares of the stock traded hands, compared to its average volume of 41,031. The stock has a market cap of $412.41 million, a price-to-earnings ratio of 7.34 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 52 week low of $50.47 and a 52 week high of $58.95. The firm’s fifty day moving average is $55.53 and its 200-day moving average is $56.06.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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.