First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Sees Large Drop in Short Interest

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 30 shares, a decrease of 92.5% from the May 14th total of 398 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,585 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Price Performance

Shares of FDTS traded down $0.32 during mid-day trading on Tuesday, hitting $66.26. The company’s stock had a trading volume of 1,858 shares, compared to its average volume of 3,079. The firm has a 50-day moving average price of $68.84 and a 200 day moving average price of $64.96. The stock has a market capitalization of $13.25 million, a price-to-earnings ratio of 8.58 and a beta of 0.82. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a fifty-two week low of $48.86 and a fifty-two week high of $72.63.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.1554 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Crusonia Wealth Advisors LLC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 4th quarter worth about $2,522,000. Osaic Holdings Inc. lifted its position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the 4th quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock valued at $160,000 after acquiring an additional 2,659 shares in the last quarter. Finally, Citadel Advisors LLC lifted its position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the 3rd quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock valued at $969,000 after acquiring an additional 4,238 shares in the last quarter.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.