First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Significant Increase in Short Interest

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 17,400 shares, an increase of 123.1% from the December 15th total of 7,800 shares. Based on an average trading volume of 25,800 shares, the days-to-cover ratio is currently 0.7 days.

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

Several institutional investors have recently modified their holdings of FDT. TrueWealth Advisors LLC lifted its holdings in 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 valued at $233,000 after purchasing an additional 212 shares in the last quarter. Apollon Wealth Management LLC boosted its position 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 worth $310,000 after acquiring an additional 274 shares during the last quarter. FMR LLC grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% during the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock valued at $32,000 after acquiring an additional 382 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 4.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 10,458 shares of the company’s stock valued at $603,000 after acquiring an additional 423 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% in the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company’s stock worth $118,000 after purchasing an additional 462 shares in the last quarter.

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

FDT traded up $0.08 during trading on Tuesday, hitting $53.64. The company’s stock had a trading volume of 78,338 shares, compared to its average volume of 48,167. The firm has a market capitalization of $388.35 million, a price-to-earnings ratio of 7.34 and a beta of 0.96. The business’s fifty day simple moving average is $55.23 and its 200 day simple moving average is $55.86. First Trust Developed Markets ex-US AlphaDEX Fund has a twelve month low of $50.47 and a twelve month high of $58.95.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.789 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.