Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Rises By 15.4%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDTGet Free Report) was the recipient of a significant growth in short interest in February. As of February 29th, there was short interest totalling 7,500 shares, a growth of 15.4% from the February 14th total of 6,500 shares. Based on an average trading volume of 35,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. increased its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.9% in the fourth quarter. Harbour Investments Inc. now owns 7,423 shares of the company’s stock worth $390,000 after buying an additional 279 shares during the period. GTS Securities LLC bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter valued at $1,204,000. Citadel Advisors LLC boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 81.4% in the fourth quarter. Citadel Advisors LLC now owns 133,641 shares of the company’s stock valued at $7,017,000 after acquiring an additional 59,967 shares in the last quarter. First Trust Advisors LP boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 357.5% in the fourth quarter. First Trust Advisors LP now owns 58,621 shares of the company’s stock valued at $3,078,000 after acquiring an additional 45,809 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 7.5% in the fourth quarter. Orion Portfolio Solutions LLC now owns 18,250 shares of the company’s stock valued at $959,000 after acquiring an additional 1,269 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 0.5 %

Shares of NASDAQ FDT opened at $55.23 on Monday. First Trust Developed Markets ex-US AlphaDEX Fund has a 52 week low of $46.90 and a 52 week high of $56.06. The firm’s fifty day moving average is $52.89 and its 200 day moving average is $51.40. The company has a market cap of $421.96 million, a price-to-earnings ratio of 6.92 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 26th were paid a $0.9269 dividend. This represents a $3.71 annualized dividend and a dividend yield of 6.71%. The ex-dividend date of this dividend was Friday, December 22nd.

About First Trust Developed Markets ex-US AlphaDEX Fund

(Get Free Report)

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.

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