First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Sees Large Drop in Short Interest

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 30 shares, a decline of 92.5% from the May 14th total of 398 shares. Based on an average daily trading volume, of 1,585 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Stock Performance

Shares of FDTS stock traded down $0.32 on Tuesday, reaching $66.26. 1,858 shares of the company’s stock traded hands, compared to its average volume of 3,079. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 12-month low of $48.86 and a 12-month high of $72.63. The company has a market capitalization of $13.25 million, a P/E ratio of 8.58 and a beta of 0.82. The business’s 50 day moving average price is $68.84 and its two-hundred day moving average price is $64.96.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.1554 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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

A number of hedge funds have recently made changes to their positions in FDTS. Crusonia Wealth Advisors LLC purchased a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth approximately $2,522,000. Citadel Advisors LLC grew its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% during the 3rd quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock valued at $969,000 after acquiring an additional 4,238 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% during the 4th quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock valued at $160,000 after acquiring an additional 2,659 shares in the last quarter.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.