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 large decline in short interest in the month of July. As of July 15th, there was short interest totaling 29,039 shares, a decline 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. Currently, 0.2% of the company’s shares are sold short.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Richmond Investment Services LLC lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 5.6% in the first quarter. Richmond Investment Services LLC now owns 2,959 shares of the company’s stock valued at $257,000 after purchasing an additional 157 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 50.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 529 shares of the company’s stock worth $42,000 after buying an additional 178 shares in the last quarter. HBW Advisory Services LLC raised its position in First Trust Developed Markets ex-US AlphaDEX Fund by 1.1% in the 1st quarter. HBW Advisory Services LLC now owns 17,002 shares of the company’s stock valued at $1,478,000 after buying an additional 191 shares during the last quarter. MML Investors Services LLC raised its position in First Trust Developed Markets ex-US AlphaDEX Fund by 1.2% in the 2nd quarter. MML Investors Services LLC now owns 16,617 shares of the company’s stock valued at $1,143,000 after buying an additional 196 shares during the last quarter. Finally, Centaurus Financial Inc. lifted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 11.5% in the 3rd quarter. Centaurus Financial Inc. now owns 1,938 shares of the company’s stock valued at $146,000 after acquiring an additional 200 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of FDT opened at $90.75 on Friday. The stock has a 50 day simple moving average of $95.34 and a 200 day simple moving average of $92.16. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $69.02 and a 52-week high of $101.32. The firm 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $0.7816 per share. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. This represents a $3.13 dividend on an annualized basis and a dividend yield of 3.4%.

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.