Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Grows By 123.1%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 17,400 shares, a growth of 123.1% from the December 31st total of 7,800 shares. Based on an average daily trading volume, of 25,800 shares, the short-interest ratio is presently 0.7 days.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

First Trust Developed Markets ex-US AlphaDEX Fund stock traded down $0.41 during trading hours on Friday, hitting $55.77. 286,356 shares of the stock traded hands, compared to its average volume of 55,288. The firm's 50 day moving average price is $54.97 and its 200-day moving average price is $55.73. The stock has a market capitalization of $403.77 million, a price-to-earnings ratio of 7.34 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 1 year low of $50.47 and a 1 year high of $58.95.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.789 dividend. The ex-dividend date was Friday, December 13th.

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

A number of institutional investors have recently bought and sold shares of the business. Assetmark Inc. increased its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 12.4% in the third quarter. Assetmark Inc. now owns 122,911 shares of the company's stock worth $7,088,000 after acquiring an additional 13,588 shares during the period. Mainsail Financial Group LLC grew its position in First Trust Developed Markets ex-US AlphaDEX Fund by 6.3% during the 4th quarter. Mainsail Financial Group LLC now owns 76,769 shares of the company's stock worth $4,152,000 after purchasing an additional 4,567 shares during the period. Benjamin Edwards Inc. grew its position in First Trust Developed Markets ex-US AlphaDEX Fund by 2,612.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 73,665 shares of the company's stock worth $4,248,000 after purchasing an additional 70,949 shares during the period. Truist Financial Corp raised its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 8.1% during the 4th quarter. Truist Financial Corp now owns 73,031 shares of the company's stock valued at $3,950,000 after buying an additional 5,457 shares during the last quarter. Finally, TPG Financial Advisors LLC lifted its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 3.9% in the 4th quarter. TPG Financial Advisors LLC now owns 57,021 shares of the company's stock valued at $3,084,000 after buying an additional 2,161 shares during the period.

First Trust Developed Markets ex-US AlphaDEX Fund Company Profile

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.