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 recipient of a large growth in short interest in 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 short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter valued at about $627,000. Private Client Services LLC purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the third quarter worth about $218,000. Iams Wealth Management LLC increased its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 11.5% during the third quarter. Iams Wealth Management LLC now owns 22,115 shares of the company’s stock valued at $1,275,000 after acquiring an additional 2,282 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 11.2% in the 3rd quarter. Global Retirement Partners LLC now owns 7,811 shares of the company’s stock valued at $450,000 after purchasing an additional 785 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 32.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 23,945 shares of the company’s stock worth $1,381,000 after purchasing an additional 5,821 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Up 0.0 %

Shares of NASDAQ FDT traded up $0.02 during midday trading on Wednesday, reaching $55.57. 31,973 shares of the company’s stock traded hands, compared to its average volume of 44,532. The company has a market cap of $402.33 million, a price-to-earnings ratio of 7.34 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a one year low of $50.47 and a one year high of $58.95. The stock’s 50 day simple moving average is $54.97 and its 200-day simple moving average is $55.76.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

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

About First Trust Developed Markets ex-US AlphaDEX Fund

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.