Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Increases By 493.3%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 8,900 shares, a growth of 493.3% from the January 31st total of 1,500 shares. Based on an average trading volume of 34,000 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FDT. MML Investors Services LLC boosted its stake 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 valued at $677,000 after buying an additional 3,420 shares during the last quarter. Orion Portfolio Solutions LLC raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 13.9% in the third 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 in the last quarter. Captrust Financial Advisors boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 14.1% during the 3rd quarter. Captrust Financial Advisors now owns 14,383 shares of the company’s stock valued at $829,000 after acquiring an additional 1,777 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter worth $468,000. Finally, Benjamin Edwards Inc. increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 2,612.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 73,665 shares of the company’s stock worth $4,248,000 after purchasing an additional 70,949 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 0.2 %

NASDAQ:FDT traded down $0.12 during trading hours on Friday, hitting $57.64. The stock had a trading volume of 19,430 shares, compared to its average volume of 40,475. The business has a 50 day simple moving average of $55.62 and a two-hundred day simple moving average of $56.07. 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 cap of $411.55 million, a PE ratio of 7.34 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.789 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.