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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, a growth of 254.5% from the November 30th total of 2,200 shares. Based on an average daily volume of 24,800 shares, the short-interest ratio is presently 0.3 days.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

NASDAQ FDT traded up $0.36 during mid-day trading on Thursday, reaching $54.26. 17,629 shares of the stock were exchanged, compared to its average volume of 26,682. The stock has a market capitalization of $398.27 million, a PE ratio of 7.34 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 1-year low of $50.47 and a 1-year high of $58.95. The business’s fifty day simple moving average is $55.72 and its 200 day simple moving average is $55.96.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.789 per share. The ex-dividend date is Friday, December 13th.

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

Several hedge funds have recently modified their holdings of FDT. FMR LLC boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% in the third quarter. FMR LLC now owns 555 shares of the company’s stock valued at $32,000 after acquiring an additional 382 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the 3rd quarter valued at about $35,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth about $53,000. Private Client Services LLC purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter worth about $218,000. Finally, TrueWealth Advisors LLC increased its position in 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 worth $233,000 after purchasing an additional 212 shares in the last quarter.

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.