Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Rises By 373.5%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 368,841 shares, a growth of 373.5% from the January 29th total of 77,900 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 166,588 shares, the short-interest ratio is currently 2.2 days. Based on an average daily trading volume, of 166,588 shares, the short-interest ratio is currently 2.2 days. Currently, 3.5% of the company’s stock are short sold.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of NASDAQ FDT opened at $97.16 on Thursday. The stock’s 50-day simple moving average is $86.47 and its 200-day simple moving average is $79.56. The firm has a market capitalization of $1.04 billion, a PE ratio of 9.95 and a beta of 0.87. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $51.33 and a fifty-two week high of $97.47.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $1.109 per share. The ex-dividend date was Friday, December 12th. This represents a $4.44 annualized dividend and a dividend yield of 4.6%. This is a boost from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41.

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

Several hedge funds and other institutional investors have recently bought and sold shares of FDT. Jane Street Group LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 293.3% in the first quarter. Jane Street Group LLC now owns 16,542 shares of the company’s stock valued at $964,000 after acquiring an additional 12,336 shares in the last quarter. Assetmark Inc. boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 13.1% in the 2nd quarter. Assetmark Inc. now owns 149,046 shares of the company’s stock valued at $10,248,000 after purchasing an additional 17,231 shares during the period. Sigma Planning Corp grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 6.8% during the 2nd quarter. Sigma Planning Corp now owns 6,096 shares of the company’s stock worth $419,000 after buying an additional 389 shares during the last quarter. L & S Advisors Inc grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 15.1% during the 2nd quarter. L & S Advisors Inc now owns 32,282 shares of the company’s stock worth $2,220,000 after buying an additional 4,235 shares during the last quarter. Finally, Creative Planning acquired a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter worth approximately $204,000.

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.