First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Up 123.1% in December

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 presently 0.7 days.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.2 %

FDT traded down $0.12 during trading on Thursday, hitting $54.16. 22,082 shares of the stock were exchanged, compared to its average volume of 48,427. The firm has a market capitalization of $392.12 million, a P/E 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 stock has a fifty day moving average price of $55.10 and a two-hundred day moving average price of $55.83.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

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

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

Several institutional investors have recently bought and sold shares of the company. FMR LLC grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% during the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $32,000 after acquiring an additional 382 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter worth $35,000. GAMMA Investing LLC grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% during 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 during the period. Private Client Services LLC purchased a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the 3rd quarter valued at about $218,000. Finally, TrueWealth Advisors LLC increased its holdings 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 valued at $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.