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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 251,629 shares, a growth of 534.8% from the April 30th total of 39,636 shares. Based on an average trading volume of 138,043 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.0% of the shares of the stock are sold short.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of NASDAQ FDT traded up $0.67 during trading on Friday, hitting $100.76. 155,192 shares of the company were exchanged, compared to its average volume of 131,061. First Trust Developed Markets ex-US AlphaDEX Fund has a 12-month low of $65.06 and a 12-month high of $101.18. The company has a fifty day moving average price of $93.19 and a 200-day moving average price of $87.62. The firm has a market capitalization of $1.26 billion, a PE ratio of 9.95 and a beta of 0.85.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.3264 per share. This represents a $1.31 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, March 26th.

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

Several institutional investors and hedge funds have recently bought and sold shares of FDT. Jane Street Group LLC raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 293.3% in the 1st quarter. Jane Street Group LLC now owns 16,542 shares of the company’s stock valued at $964,000 after buying an additional 12,336 shares during the period. Creative Planning purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 2nd quarter valued at about $204,000. JPMorgan Chase & Co. raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock valued at $40,000 after buying an additional 458 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 2nd quarter valued at about $64,000. Finally, NewEdge Advisors LLC increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 73.6% during the second quarter. NewEdge Advisors LLC now owns 7,339 shares of the company’s stock worth $505,000 after purchasing an additional 3,111 shares during the period.

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.