First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Down 82.5% in July

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 5,072 shares, a decrease of 82.5% from the July 15th total of 29,039 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 161,345 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 293.3% during the 1st quarter. Jane Street Group LLC now owns 16,542 shares of the company’s stock worth $964,000 after buying an additional 12,336 shares during the last quarter. Creative Planning bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the second quarter worth about $204,000. JPMorgan Chase & Co. boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 352.3% during the second quarter. JPMorgan Chase & Co. now owns 588 shares of the company’s stock valued at $40,000 after purchasing an additional 458 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the second quarter valued at approximately $64,000. Finally, NewEdge Advisors LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 73.6% during the 2nd quarter. NewEdge Advisors LLC now owns 7,339 shares of the company’s stock worth $505,000 after purchasing an additional 3,111 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 1.9%

Shares of FDT stock traded up $1.73 on Wednesday, hitting $95.10. 19,141 shares of the stock were exchanged, compared to its average volume of 129,478. The firm has a market capitalization of $1.35 billion, a P/E ratio of 9.95 and a beta of 0.88. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $71.94 and a fifty-two week high of $101.32. The business has a 50-day moving average of $93.65 and a 200 day moving average of $92.87.

First Trust Developed Markets ex-US AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.7816 dividend. This represents a $3.13 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.33. The ex-dividend date was Thursday, June 25th.

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.