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 recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,072 shares, a decline of 82.5% from the July 15th total of 29,039 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 161,345 shares, the days-to-cover ratio is presently 0.0 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in FDT. Cullen Frost Bankers Inc. lifted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 50.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 529 shares of the company’s stock valued at $42,000 after acquiring an additional 178 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the second quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 223.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 591 shares of the company’s stock valued at $47,000 after buying an additional 408 shares during the last quarter. Noble Wealth Management PBC purchased a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter valued at $76,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 2nd quarter worth about $64,000.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

First Trust Developed Markets ex-US AlphaDEX Fund stock traded up $0.35 during mid-day trading on Friday, reaching $95.48. The stock had a trading volume of 27,144 shares, compared to its average volume of 129,030. First Trust Developed Markets ex-US AlphaDEX Fund has a one year low of $71.94 and a one year high of $101.32. The company has a 50-day moving average price of $93.49 and a two-hundred day moving average price of $92.99. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 9.95 and a beta of 0.88.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.7816 dividend. This is a boost from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. This represents a $3.13 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Thursday, June 25th.

About First Trust Developed Markets ex-US AlphaDEX Fund

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.