Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Grows By 34.3%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 77,900 shares, an increase of 34.3% from the January 15th total of 58,009 shares. Based on an average daily trading volume, of 101,092 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 101,092 shares, the days-to-cover ratio is currently 0.8 days.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

NASDAQ:FDT traded up $0.75 during mid-day trading on Monday, hitting $93.46. 466,187 shares of the company’s stock traded hands, compared to its average volume of 133,033. The company has a fifty day moving average of $83.98 and a 200 day moving average of $78.29. First Trust Developed Markets ex-US AlphaDEX Fund has a twelve month low of $51.33 and a twelve month high of $94.35. The company has a market capitalization of $999.09 million, a P/E ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $1.109 dividend. This represents a $4.44 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41.

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

Several large investors have recently bought and sold shares of FDT. Jane Street Group LLC raised its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 293.3% in the first quarter. Jane Street Group LLC now owns 16,542 shares of the company’s stock worth $964,000 after buying an additional 12,336 shares during the last quarter. CWM LLC raised its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 111.5% in the 2nd quarter. CWM LLC now owns 40,521 shares of the company’s stock worth $2,786,000 after acquiring an additional 21,359 shares during the last quarter. Harbour Investments Inc. raised its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 6.7% in the 2nd quarter. Harbour Investments Inc. now owns 8,857 shares of the company’s stock worth $609,000 after acquiring an additional 555 shares during the last quarter. Assetmark Inc. lifted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 13.1% during the 2nd quarter. Assetmark Inc. now owns 149,046 shares of the company’s stock worth $10,248,000 after acquiring an additional 17,231 shares during the period. Finally, Sigma Planning Corp grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 6.8% during the 2nd quarter. Sigma Planning Corp now owns 6,096 shares of the company’s stock valued at $419,000 after purchasing an additional 389 shares during the last quarter.

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.