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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 17,400 shares, a growth of 123.1% from the December 31st total of 7,800 shares. Based on an average daily volume of 25,800 shares, the days-to-cover ratio is presently 0.7 days.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

Shares of First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.41 during trading on Friday, hitting $55.77. The stock had a trading volume of 286,356 shares, compared to its average volume of 55,288. The firm’s fifty day simple moving average is $54.97 and its 200-day simple moving average is $55.76. The stock has a market cap of $403.77 million, a PE ratio of 7.34 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 12 month low of $50.47 and a 12 month high of $58.95.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. FMR LLC increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% in the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock worth $32,000 after buying an additional 382 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at about $35,000. GAMMA Investing LLC increased its position in 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 valued at $118,000 after purchasing an additional 462 shares during the period. Private Client Services LLC purchased a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at about $218,000. Finally, TrueWealth Advisors LLC increased its position in First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% during the 3rd quarter. TrueWealth Advisors LLC now owns 4,042 shares of the company’s stock valued at $233,000 after purchasing an additional 212 shares during the period.

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.