First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, a decline of 94.8% from the March 31st total of 13,500 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 0.9 %

First Trust Developed Markets ex-US AlphaDEX Fund stock traded up $0.52 during midday trading on Monday, hitting $61.13. The stock had a trading volume of 9,489 shares, compared to its average volume of 40,815. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $50.47 and a 52-week high of $61.13. The company has a market capitalization of $442.58 million, a PE ratio of 10.35 and a beta of 0.96. The firm’s fifty day moving average is $58.20 and its two-hundred day moving average is $56.55.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1074 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.70%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FDT. Wilmington Savings Fund Society FSB bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the third quarter valued at about $35,000. Farther Finance Advisors LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 55.5% during the first quarter. Farther Finance Advisors LLC now owns 1,034 shares of the company’s stock worth $60,000 after purchasing an additional 369 shares in the last quarter. Rossby Financial LCC bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 1st quarter valued at approximately $86,000. GAMMA Investing LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% in the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company’s stock worth $118,000 after purchasing an additional 462 shares during the period. Finally, Tucker Asset Management LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% in the 4th quarter. Tucker Asset Management LLC now owns 2,635 shares of the company’s stock worth $143,000 after purchasing an additional 741 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.