First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) was the target of a significant decline in short interest in 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is presently 0.0 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 10.8% in the 4th quarter. LPL Financial LLC now owns 476,026 shares of the company's stock worth $25,743,000 after acquiring an additional 46,387 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 468,220 shares of the company's stock valued at $25,321,000 after purchasing an additional 2,996 shares in the last quarter. Raymond James Financial Inc. bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter worth $12,589,000. Cetera Investment Advisers boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 8.9% during the fourth quarter. Cetera Investment Advisers now owns 155,616 shares of the company's stock worth $8,416,000 after buying an additional 12,676 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 16.5% in the 4th quarter. Assetmark Inc. now owns 143,234 shares of the company's stock valued at $7,746,000 after buying an additional 20,323 shares during the period.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Down 0.9 %

First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.55 during mid-day trading on Thursday, reaching $60.47. The company had a trading volume of 15,812 shares, compared to its average volume of 39,966. The firm has a market cap of $437.80 million, a price-to-earnings ratio of 10.35 and a beta of 0.96. The company has a 50 day moving average of $58.40 and a 200-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.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1074 dividend. This represents a $0.43 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Thursday, March 27th.

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.