First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Significant Growth in Short Interest

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 17,400 shares, a growth of 123.1% from the December 31st total of 7,800 shares. Based on an average daily trading volume, of 25,800 shares, the short-interest ratio is presently 0.7 days.

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

Institutional investors have recently modified their holdings of the company. Benjamin Edwards Inc. boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 2,612.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 73,665 shares of the company’s stock worth $4,248,000 after purchasing an additional 70,949 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 6.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 12,451 shares of the company’s stock worth $718,000 after purchasing an additional 806 shares in the last quarter. Flagstar Advisors Inc. boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 11.8% in the 3rd quarter. Flagstar Advisors Inc. now owns 9,440 shares of the company’s stock worth $544,000 after purchasing an additional 998 shares in the last quarter. Prospera Financial Services Inc boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 11.0% in the 3rd quarter. Prospera Financial Services Inc now owns 48,338 shares of the company’s stock worth $2,787,000 after purchasing an additional 4,788 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 5,384 shares of the company’s stock worth $310,000 after purchasing an additional 274 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 0.7 %

Shares of NASDAQ:FDT traded down $0.41 during trading on Friday, reaching $55.77. The stock had a trading volume of 286,356 shares, compared to its average volume of 55,288. First Trust Developed Markets ex-US AlphaDEX Fund has a one year low of $50.47 and a one year high of $58.95. The company has a market capitalization of $403.77 million, a P/E ratio of 7.34 and a beta of 0.96. The firm’s 50-day simple moving average is $54.97 and its 200 day simple moving average is $55.76.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.789 dividend. The ex-dividend date was Friday, December 13th.

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.