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 significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 122,149 shares, a drop of 66.9% from the February 12th total of 368,841 shares. Based on an average daily trading volume, of 143,032 shares, the short-interest ratio is currently 0.9 days. Currently, 1.1% of the shares of the company are short sold. Currently, 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 143,032 shares, the short-interest ratio is currently 0.9 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley increased its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.4% in the fourth quarter. Morgan Stanley now owns 1,107,012 shares of the company’s stock valued at $87,948,000 after purchasing an additional 36,023 shares during the last quarter. LPL Financial LLC lifted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.3% during the 4th quarter. LPL Financial LLC now owns 844,377 shares of the company’s stock worth $67,083,000 after buying an additional 92,554 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 10.0% during the 4th quarter. Wells Fargo & Company MN now owns 418,051 shares of the company’s stock worth $33,213,000 after buying an additional 37,903 shares during the period. UBS Group AG boosted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.5% during the 4th quarter. UBS Group AG now owns 284,768 shares of the company’s stock worth $22,624,000 after buying an additional 59,574 shares during the period. Finally, Cetera Investment Advisers grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 2.7% in the 4th quarter. Cetera Investment Advisers now owns 268,826 shares of the company’s stock valued at $21,357,000 after buying an additional 7,106 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 2.1%

Shares of NASDAQ FDT traded down $1.90 during midday trading on Thursday, hitting $88.31. 111,584 shares of the company’s stock were exchanged, compared to its average volume of 138,250. The firm has a market capitalization of $944.03 million, a PE ratio of 9.95 and a beta of 0.87. First Trust Developed Markets ex-US AlphaDEX Fund has a 12 month low of $51.33 and a 12 month high of $97.51. The company’s 50 day moving average price is $89.18 and its 200 day moving average price is $80.94.

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.