Short Interest in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Declines By 24.7%

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 488 shares, a decrease of 24.7% from the March 15th total of 648 shares. Based on an average daily volume of 3,557 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC increased its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% during the third quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock worth $969,000 after purchasing an additional 4,238 shares during the last quarter. Crusonia Wealth Advisors LLC acquired a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth $2,522,000. Finally, Osaic Holdings Inc. increased its position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock worth $160,000 after acquiring an additional 2,659 shares in the last quarter.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Price Performance

FDTS stock traded down $0.04 on Thursday, hitting $69.10. 3,507 shares of the company were exchanged, compared to its average volume of 3,724. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a twelve month low of $42.11 and a twelve month high of $72.53. The business’s fifty day moving average is $67.38 and its two-hundred day moving average is $61.38. The stock has a market capitalization of $13.82 million, a price-to-earnings ratio of 8.58 and a beta of 0.84.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1554 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.62 annualized dividend and a yield of 0.9%.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.