First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Up 650.0% in March

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 13,500 shares, a growth of 650.0% from the March 15th total of 1,800 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,300 shares, the short-interest ratio is currently 0.3 days.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

NASDAQ FDT opened at $57.63 on Tuesday. The stock has a market capitalization of $417.24 million, a P/E ratio of 9.11 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 $61.02. The business has a 50 day simple moving average of $57.87 and a 200 day simple moving average of $56.44.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.1074 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.43 annualized dividend and a dividend yield of 0.75%.

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

A number of institutional investors have recently made changes to their positions in FDT. Arkadios Wealth Advisors increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 130.5% during the fourth quarter. Arkadios Wealth Advisors now owns 9,463 shares of the company’s stock valued at $512,000 after buying an additional 5,358 shares during the period. Park Avenue Securities LLC raised its position in First Trust Developed Markets ex-US AlphaDEX Fund by 8.2% in the 4th quarter. Park Avenue Securities LLC now owns 23,270 shares of the company’s stock worth $1,258,000 after buying an additional 1,755 shares during the last quarter. Towerpoint Wealth LLC boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% in the fourth quarter. Towerpoint Wealth LLC now owns 27,729 shares of the company’s stock worth $1,500,000 after purchasing an additional 1,449 shares during the last quarter. TPG Financial Advisors LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.9% during the 4th quarter. TPG Financial Advisors LLC now owns 57,021 shares of the company’s stock valued at $3,084,000 after purchasing an additional 2,161 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the third quarter valued at approximately $35,000.

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.