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 recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,800 shares, a decrease of 55.0% from the February 28th total of 4,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is presently 0.1 days.

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

Institutional investors have recently made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 10.8% during the 4th quarter. LPL Financial LLC now owns 476,026 shares of the company's stock worth $25,743,000 after purchasing an additional 46,387 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 468,220 shares of the company's stock worth $25,321,000 after purchasing an additional 2,996 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter valued at approximately $12,589,000. Cetera Investment Advisers increased its position in shares of 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 acquiring an additional 12,676 shares during the period. Finally, Assetmark Inc. boosted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 16.5% in the fourth quarter. Assetmark Inc. now owns 143,234 shares of the company's stock valued at $7,746,000 after purchasing an additional 20,323 shares during the period.

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First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of NASDAQ FDT traded up $0.21 during trading on Tuesday, hitting $58.46. 42,897 shares of the company were exchanged, compared to its average volume of 37,723. First Trust Developed Markets ex-US AlphaDEX Fund has a 12-month low of $50.47 and a 12-month high of $61.02. The firm has a market capitalization of $417.40 million, a PE ratio of 10.25 and a beta of 0.96. The company has a fifty day moving average price of $57.99 and a 200-day moving average price of $56.60.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.1074 per share. This represents a $0.43 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend 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.