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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 50,516 shares, a drop of 61.8% from the November 30th total of 132,069 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 66,622 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 66,622 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are short sold.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

FDT traded down $0.08 during midday trading on Friday, hitting $79.92. The stock had a trading volume of 27,315 shares, compared to its average volume of 43,842. First Trust Developed Markets ex-US AlphaDEX Fund has a 1 year low of $51.33 and a 1 year high of $80.63. The business has a fifty day moving average of $77.74 and a 200 day moving average of $74.01. The company has a market cap of $710.49 million, a P/E ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a dividend of $1.109 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $4.44 annualized dividend and a dividend yield of 5.6%. This is an increase from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41.

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

Several institutional investors have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. bought a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the third quarter valued at about $26,000. JPMorgan Chase & Co. boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock valued at $40,000 after acquiring an additional 458 shares during the period. Topsail Wealth Management LLC bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter worth approximately $54,000. Northwestern Mutual Wealth Management Co. bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 2nd quarter worth approximately $64,000. Finally, Hilltop National Bank purchased a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the 2nd quarter worth approximately $100,000.

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.