First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Stock Short Interest Rises 182.1%

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 3,738 shares, a growth of 182.1% from the August 31st total of 1,325 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average daily trading volume, of 1,483 shares, the short-interest ratio is presently 2.5 days.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Trading Up 1.6%

Shares of FDTS stock traded up $1.14 during mid-day trading on Friday, reaching $71.11. The stock had a trading volume of 1,132 shares, compared to its average volume of 2,196. The stock’s 50-day moving average price is $69.04 and its two-hundred day moving average price is $68.02. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 52-week low of $54.10 and a 52-week high of $72.63. The firm has a market capitalization of $10.67 million, a PE ratio of 8.58 and a beta of 0.85.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be issued a dividend of $0.2838 per share. The ex-dividend date is Thursday, September 24th. This represents a $1.14 dividend on an annualized basis and a yield of 1.6%. This is a drop from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.7453.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Noble Wealth Management PBC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter valued at $131,000. City Holding Co. bought a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter valued at about $583,000. Finally, Citadel Advisors LLC boosted its stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 28.9% during the 2nd quarter. Citadel Advisors LLC now owns 30,215 shares of the company’s stock valued at $1,981,000 after purchasing an additional 6,775 shares in the last quarter.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

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.