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 significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,800 shares, a drop of 55.0% from the February 28th total of 4,000 shares. Based on an average trading volume of 35,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in FDT. FMR LLC grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% in the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $32,000 after purchasing an additional 382 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the 3rd quarter valued at about $35,000. GAMMA Investing LLC grew its position 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 valued at $118,000 after buying an additional 462 shares in the last quarter. Tucker Asset Management LLC increased its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% during the fourth quarter. Tucker Asset Management LLC now owns 2,635 shares of the company’s stock valued at $143,000 after acquiring an additional 741 shares during the period. Finally, Baird Financial Group Inc. bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth approximately $224,000.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 1.6 %

FDT stock traded down $0.94 during midday trading on Friday, reaching $58.68. The company had a trading volume of 56,298 shares, compared to its average volume of 37,795. The stock has a 50 day moving average price of $57.77 and a 200 day moving average price of $56.52. The firm has a market capitalization of $418.98 million, a PE ratio of 10.25 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $50.47 and a fifty-two week high of $61.02.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.1074 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.43 annualized dividend and a dividend yield of 0.73%.

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.