First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDTGet Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 38,749 shares, an increase of 664.0% from the July 30th total of 5,072 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 105,215 shares, the short-interest ratio is currently 0.4 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Coppell Advisory Solutions LLC bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter valued at $25,000. JPMorgan Chase & Co. increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock worth $40,000 after acquiring an additional 458 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of 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. Smartleaf Asset Management LLC raised its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 223.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 591 shares of the company’s stock valued at $47,000 after acquiring an additional 408 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter valued at about $64,000.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 1.5%

First Trust Developed Markets ex-US AlphaDEX Fund stock opened at $96.30 on Wednesday. The firm’s 50 day simple moving average is $93.26 and its 200 day simple moving average is $93.36. The firm has a market capitalization of $1.37 billion, a PE ratio of 9.95 and a beta of 0.88. First Trust Developed Markets ex-US AlphaDEX Fund has a 1-year low of $71.94 and a 1-year high of $101.32.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.7816 per share. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. The ex-dividend date was Thursday, June 25th. This represents a $3.13 dividend on an annualized basis and a dividend yield of 3.2%.

About First Trust Developed Markets ex-US AlphaDEX Fund

(Get Free Report)

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.

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