First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 50,516 shares, a decrease of 61.8% from the November 30th total of 132,069 shares. Based on an average trading volume of 66,622 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 66,622 shares, the short-interest ratio is presently 0.8 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. grew its position in First Trust Developed Markets ex-US AlphaDEX Fund by 17.3% in the first quarter. Raymond James Financial Inc. now owns 273,070 shares of the company’s stock valued at $15,906,000 after acquiring an additional 40,279 shares in the last quarter. UBS Group AG lifted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.1% during the third quarter. UBS Group AG now owns 225,194 shares of the company’s stock worth $16,973,000 after purchasing an additional 6,727 shares in the last quarter. Sage Private Wealth Group LLC purchased a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter valued at $12,761,000. Assetmark Inc. grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 2.5% during the 3rd quarter. Assetmark Inc. now owns 152,698 shares of the company’s stock valued at $11,509,000 after purchasing an additional 3,652 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 14.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 122,628 shares of the company’s stock valued at $9,244,000 after purchasing an additional 15,856 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.34 during trading on Friday, reaching $79.67. 17,130 shares of the company’s stock were exchanged, compared to its average volume of 43,796. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $51.33 and a 52-week high of $80.63. The firm has a market cap of $708.22 million, a price-to-earnings ratio of 9.95 and a beta of 0.87. The company’s 50-day moving average is $77.65 and its two-hundred day moving average is $73.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a $1.109 dividend. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.6%. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41. The ex-dividend date is Friday, December 12th.

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.