Short Interest in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Expands By 1,722.2%

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 9,676 shares, a growth of 1,722.2% from the January 29th total of 531 shares. Based on an average daily trading volume, of 6,462 shares, the short-interest ratio is presently 1.5 days. Approximately 6.5% of the company’s shares are sold short. Approximately 6.5% of the company’s shares are sold short. Based on an average daily trading volume, of 6,462 shares, the short-interest ratio is presently 1.5 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Crusonia Wealth Advisors LLC purchased a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth about $2,522,000. Osaic Holdings Inc. grew its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% during the 4th quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock worth $160,000 after acquiring an additional 2,659 shares during the period. Finally, Citadel Advisors LLC raised its position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the 3rd quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock worth $969,000 after acquiring an additional 4,238 shares in the last quarter.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Stock Down 0.7%

Shares of FDTS stock opened at $71.43 on Friday. The firm has a market capitalization of $10.72 million, a price-to-earnings ratio of 8.58 and a beta of 0.86. The stock has a fifty day moving average of $63.89 and a 200 day moving average of $58.58. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 52 week low of $37.10 and a 52 week high of $72.53.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.6346 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.54 annualized dividend and a dividend yield of 3.6%. This is a positive change from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.34.

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.