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

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

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of First Trust Developed Markets ex-US AlphaDEX Fund stock traded up $0.19 on Friday, reaching $56.37. The company had a trading volume of 278,395 shares, compared to its average volume of 54,887. The firm has a market cap of $408.12 million, a PE ratio of 7.34 and a beta of 0.96. The firm’s 50 day moving average price is $54.97 and its two-hundred day moving average price is $55.76. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $50.47 and a 52-week high of $58.95.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. TrueWealth Advisors LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% during the third quarter. TrueWealth Advisors LLC now owns 4,042 shares of the company’s stock worth $233,000 after buying an additional 212 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% in the 3rd 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 in the last quarter. FMR LLC grew its holdings in shares of 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 purchasing an additional 382 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its position in First Trust Developed Markets ex-US AlphaDEX Fund by 4.2% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 10,458 shares of the company’s stock worth $603,000 after buying an additional 423 shares during the period. Finally, Iams Wealth Management LLC increased its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 2.0% in the 4th quarter. Iams Wealth Management LLC now owns 22,556 shares of the company’s stock valued at $1,220,000 after acquiring an additional 441 shares during the period.

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.