First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Short Interest Up 186.7% in June

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 86 shares, a growth of 186.7% from the June 15th total of 30 shares. Based on an average daily trading volume, of 862 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

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

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock traded down $0.94 during trading hours on Monday, reaching $65.06. The stock had a trading volume of 186 shares, compared to its average volume of 2,684. The stock has a market cap of $13.01 million, a PE ratio of 8.58 and a beta of 0.83. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 52 week low of $51.05 and a 52 week high of $72.63. The company has a fifty day simple moving average of $68.35 and a 200-day simple moving average of $66.48.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.7453 per share. This is an increase from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16. This represents a $2.98 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Noble Wealth Management PBC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter valued at about $131,000. Osaic Holdings Inc. lifted its holdings in 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 worth $160,000 after buying an additional 2,659 shares during the period. City Holding Co. bought a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter worth approximately $583,000. Citadel Advisors LLC grew 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 worth $969,000 after buying an additional 4,238 shares during the last quarter. Finally, Crusonia Wealth Advisors LLC purchased a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the fourth quarter valued at approximately $2,522,000.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

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.