First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Significant Drop in Short Interest

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,300 shares, a decrease of 88.8% from the October 31st total of 20,600 shares. Based on an average daily volume of 22,800 shares, the short-interest ratio is currently 0.1 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of FDT. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter worth $35,000. Sanctuary Advisors LLC boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 12.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 12,848 shares of the company’s stock worth $718,000 after acquiring an additional 1,448 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 4.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 10,458 shares of the company’s stock valued at $603,000 after acquiring an additional 423 shares in the last quarter. MML Investors Services LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 41.1% during the 3rd quarter. MML Investors Services LLC now owns 11,742 shares of the company’s stock worth $677,000 after purchasing an additional 3,420 shares during the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 13.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 27,417 shares of the company’s stock valued at $1,581,000 after acquiring an additional 3,347 shares during the period.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 1.3 %

Shares of First Trust Developed Markets ex-US AlphaDEX Fund stock traded up $0.74 during midday trading on Friday, reaching $56.40. The company had a trading volume of 8,463 shares, compared to its average volume of 27,018. The stock has a fifty day simple moving average of $56.60 and a 200 day simple moving average of $56.18. First Trust Developed Markets ex-US AlphaDEX Fund has a 1-year low of $50.47 and a 1-year high of $58.95. The company has a market capitalization of $414.00 million, a price-to-earnings ratio of 7.34 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2465 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.99 dividend on an annualized basis and a yield of 1.75%.

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.