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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,800 shares, a drop of 55.0% from the February 28th total of 4,000 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 1.6 %

First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.94 during trading on Friday, hitting $58.68. 56,298 shares of the company were exchanged, compared to its average volume of 37,795. The business’s 50 day moving average is $57.85 and its 200 day moving average is $56.56. First Trust Developed Markets ex-US AlphaDEX Fund has a 52 week low of $50.47 and a 52 week high of $61.02. The company has a market capitalization of $418.98 million, a P/E ratio of 10.25 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.1074 per share. This represents a $0.43 annualized dividend and a yield of 0.73%. The ex-dividend date is Thursday, March 27th.

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

Several hedge funds have recently modified their holdings of the company. FMR LLC boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% in the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $32,000 after purchasing an additional 382 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at $35,000. GAMMA Investing LLC raised its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% during the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company’s stock worth $118,000 after purchasing an additional 462 shares during the period. Tucker Asset Management LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% in the fourth quarter. Tucker Asset Management LLC now owns 2,635 shares of the company’s stock valued at $143,000 after acquiring an additional 741 shares during the last quarter. Finally, Baird Financial Group Inc. bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter valued at $224,000.

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.