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 growth in short interest in the month of June. As of June 30th, there was short interest totaling 128,116 shares, a growth of 129.2% from the June 15th total of 55,893 shares. Based on an average daily trading volume, of 105,559 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FDT. D.A. Davidson & CO. raised its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 5.2% during the fourth 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 shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.7% in the fourth quarter. Sage Private Wealth Group LLC now owns 179,043 shares of the company’s stock worth $14,224,000 after acquiring an additional 9,729 shares during the last quarter. Assetmark Inc. grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.3% in the fourth 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 last quarter. HBW Advisory Services LLC increased its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 165.6% during the fourth quarter. HBW Advisory Services LLC now owns 16,811 shares of the company’s stock valued at $1,336,000 after acquiring an additional 10,481 shares in the last quarter. Finally, Mainsail Financial Group LLC boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 0.3% in the 4th quarter. Mainsail Financial Group LLC now owns 81,008 shares of the company’s stock worth $6,436,000 after purchasing an additional 245 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

FDT traded down $0.07 on Wednesday, hitting $91.42. The company had a trading volume of 80,638 shares, compared to its average volume of 127,468. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $68.17 and a 52-week high of $101.32. The stock has a fifty day simple moving average of $96.61 and a 200-day simple moving average of $91.63. The firm has a market capitalization of $1.29 billion, a P/E ratio of 9.95 and a beta of 0.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

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

About First Trust Developed Markets ex-US AlphaDEX Fund

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.