First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Up 25.5% in December

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 63,383 shares, a growth of 25.5% from the December 15th total of 50,516 shares. Based on an average daily volume of 46,489 shares, the short-interest ratio is currently 1.4 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 46,489 shares, the short-interest ratio is currently 1.4 days.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 0.4%

Shares of FDT traded up $0.34 during mid-day trading on Friday, hitting $84.70. 61,628 shares of the company’s stock were exchanged, compared to its average volume of 122,512. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $51.33 and a fifty-two week high of $84.88. The business’s 50 day moving average is $79.40 and its two-hundred day moving average is $75.54. The firm has a market capitalization of $867.33 million, a P/E 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 Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $1.109 dividend. This represents a $4.44 annualized dividend and a dividend yield of 5.2%. This is a positive change from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.41. The ex-dividend date was Friday, December 12th.

Institutional Investors Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

Several institutional investors have recently modified their holdings of the company. UBS Group AG grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 3.1% in the third quarter. UBS Group AG now owns 225,194 shares of the company’s stock valued at $16,973,000 after purchasing an additional 6,727 shares during the last quarter. Sage Private Wealth Group LLC acquired a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the third quarter valued at approximately $12,761,000. SMI Advisory Services LLC purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund in the 4th quarter valued at approximately $13,842,000. Assetmark Inc. grew its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 2.5% during the 3rd quarter. Assetmark Inc. now owns 152,698 shares of the company’s stock valued at $11,509,000 after buying an additional 3,652 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 14.9% in the third quarter. Benjamin Edwards Inc. now owns 122,628 shares of the company’s stock worth $9,244,000 after acquiring an additional 15,856 shares during the last quarter.

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.