First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Large Decline in Short Interest

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 29,039 shares, a decrease of 77.3% from the June 30th total of 128,116 shares. Based on an average daily trading volume, of 110,394 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

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

A number of large investors have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter worth $215,000. D.A. Davidson & CO. grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 5.2% in the 4th quarter. D.A. Davidson & CO. now owns 18,576 shares of the company’s stock valued at $1,476,000 after buying an additional 915 shares during the last quarter. Sage Private Wealth Group LLC grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 5.7% in the 4th quarter. Sage Private Wealth Group LLC now owns 179,043 shares of the company’s stock valued at $14,224,000 after buying an additional 9,729 shares during the last quarter. Assetmark Inc. raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 0.3% in the 4th quarter. Assetmark Inc. now owns 153,132 shares of the company’s stock worth $12,166,000 after acquiring an additional 434 shares during the period. Finally, HBW Advisory Services LLC raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 165.6% in the 4th quarter. HBW Advisory Services LLC now owns 16,811 shares of the company’s stock worth $1,336,000 after acquiring an additional 10,481 shares during the period.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.5%

FDT stock traded down $0.45 during trading hours on Friday, hitting $90.75. The company’s stock had a trading volume of 93,466 shares, compared to its average volume of 125,713. The stock has a 50 day moving average price of $95.34 and a two-hundred day moving average price of $92.16. First Trust Developed Markets ex-US AlphaDEX Fund has a 12 month low of $69.02 and a 12 month high of $101.32. The company has a market capitalization of $1.28 billion, a PE ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.7816 dividend. This represents a $3.13 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33.

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.