Short Interest in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Drops By 70.5%

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 531 shares, a decrease of 70.5% from the January 15th total of 1,803 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 955 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 955 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short.

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

Shares of NASDAQ FDTS traded up $0.79 during midday trading on Wednesday, hitting $69.12. The company’s stock had a trading volume of 10,801 shares, compared to its average volume of 2,228. The business’s fifty day simple moving average is $60.86 and its two-hundred day simple moving average is $57.13. The firm has a market capitalization of $10.37 million, a price-to-earnings ratio of 8.58 and a beta of 0.86. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 1 year low of $37.10 and a 1 year high of $69.35.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.6346 per share. The ex-dividend date was Friday, December 12th. This represents a $2.54 annualized dividend and a dividend yield of 3.7%. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.34.

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

An institutional investor recently raised its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock. Citadel Advisors LLC increased its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) by 32.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,298 shares of the company’s stock after acquiring an additional 4,238 shares during the period. Citadel Advisors LLC owned approximately 11.53% of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund worth $969,000 as of its most recent SEC filing.

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.