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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, an increase of 254.5% from the November 30th total of 2,200 shares. Based on an average daily volume of 24,800 shares, the days-to-cover ratio is presently 0.3 days.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.3 %

Shares of First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.14 during trading on Friday, reaching $54.12. The company’s stock had a trading volume of 9,602 shares, compared to its average volume of 26,614. First Trust Developed Markets ex-US AlphaDEX Fund has a 12-month low of $50.47 and a 12-month high of $58.95. The business has a 50 day moving average price of $55.72 and a 200-day moving average price of $55.96. The company has a market capitalization of $397.24 million, a P/E ratio of 7.34 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.789 per share. The ex-dividend date is Friday, December 13th.

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

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

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.