First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Sees Significant Decline in Short Interest

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 5,100 shares, a decrease of 5.6% from the July 31st total of 5,400 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 8.5 days.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Trading Up 0.6 %

Shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock opened at $39.96 on Friday. The stock has a fifty day simple moving average of $39.20 and a 200 day simple moving average of $39.04. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 12-month low of $32.02 and a 12-month high of $41.17. The company has a market capitalization of $7.99 million, a P/E ratio of 5.16 and a beta of 1.06.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were given a $0.5546 dividend. The ex-dividend date was Tuesday, June 27th. This represents a $2.22 annualized dividend and a yield of 5.55%. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.11.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Belpointe Asset Management LLC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth $40,000. LPL Financial LLC boosted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 20.1% in the second quarter. LPL Financial LLC now owns 8,380 shares of the company’s stock worth $322,000 after purchasing an additional 1,401 shares during the last quarter. Money Concepts Capital Corp purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth $70,000. Atria Wealth Solutions Inc. boosted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 9.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,529 shares of the company’s stock worth $846,000 after purchasing an additional 1,880 shares during the last quarter. Finally, Advisor Group Holdings Inc. boosted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 40.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 7,129 shares of the company’s stock worth $269,000 after purchasing an additional 2,041 shares during the last quarter.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology.