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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 16,600 shares, an increase of 159.4% from the September 15th total of 6,400 shares. Based on an average daily volume of 42,400 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 42,400 shares, the short-interest ratio is presently 0.4 days.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 1.2%

FDT opened at $76.23 on Tuesday. First Trust Developed Markets ex-US AlphaDEX Fund has a 12-month low of $51.33 and a 12-month high of $77.04. The business’s fifty day simple moving average is $74.53 and its 200-day simple moving average is $68.48. The company has a market capitalization of $677.68 million, a price-to-earnings ratio of 9.95 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.4076 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 2.1%.

Hedge Funds Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FDT. Farther Finance Advisors LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 55.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,034 shares of the company’s stock worth $60,000 after buying an additional 369 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 32,813 shares of the company’s stock worth $1,911,000 after buying an additional 298 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 1st quarter worth $2,544,000. LVZ Inc. grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 8.8% during the 1st quarter. LVZ Inc. now owns 33,570 shares of the company’s stock worth $1,955,000 after buying an additional 2,716 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 15.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 112,770 shares of the company’s stock worth $6,569,000 after buying an additional 15,196 shares in the last quarter.

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.