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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 700 shares, a decline of 94.8% from the March 31st total of 13,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

A number of large investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter worth about $35,000. Farther Finance Advisors LLC lifted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 55.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,034 shares of the company's stock valued at $60,000 after purchasing an additional 369 shares during the last quarter. Rossby Financial LCC bought a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the 1st quarter valued at approximately $86,000. GAMMA Investing LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% during the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company's stock valued at $118,000 after purchasing an additional 462 shares during the last quarter. Finally, Tucker Asset Management LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% during the 4th quarter. Tucker Asset Management LLC now owns 2,635 shares of the company's stock valued at $143,000 after purchasing an additional 741 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of FDT traded down $0.18 during mid-day trading on Wednesday, hitting $61.02. 18,453 shares of the stock were exchanged, compared to its average volume of 40,265. The firm has a 50-day moving average of $58.40 and a two-hundred day moving average of $56.64. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $50.47 and a 52-week high of $61.48. The company has a market cap of $441.78 million, a PE ratio of 10.35 and a beta of 0.96.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.1074 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.70%.

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.