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 growth in short interest in April. As of April 15th, there was short interest totalling 13,200 shares, a growth of 135.7% from the March 31st total of 5,600 shares. Based on an average daily volume of 26,700 shares, the short-interest ratio is currently 0.5 days.

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

Shares of FDT stock traded up $0.47 during trading hours on Friday, hitting $55.00. 16,486 shares of the company’s stock were exchanged, compared to its average volume of 31,634. First Trust Developed Markets ex-US AlphaDEX Fund has a 12-month low of $46.90 and a 12-month high of $56.65. The business’s 50 day simple moving average is $54.81 and its 200-day simple moving average is $52.25. The company has a market capitalization of $409.20 million, a PE ratio of 7.05 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.1962 dividend. This represents a $0.78 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Thursday, March 21st.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tucker Asset Management LLC raised its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 28.8% in the 3rd quarter. Tucker Asset Management LLC now owns 1,069 shares of the company’s stock worth $54,000 after purchasing an additional 239 shares during the last quarter. Principal Securities Inc. bought a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter valued at $110,000. Benjamin Edwards Inc. boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 13.9% during the fourth quarter. Benjamin Edwards Inc. now owns 2,652 shares of the company’s stock valued at $139,000 after buying an additional 324 shares during the last quarter. Concourse Financial Group Securities Inc. increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 39.8% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 7,976 shares of the company’s stock worth $419,000 after buying an additional 2,271 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its position in First Trust Developed Markets ex-US AlphaDEX Fund by 16.3% in the 4th quarter. Flagstar Advisors Inc. now owns 8,111 shares of the company’s stock worth $426,000 after buying an additional 1,136 shares during the last quarter.

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.