First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Significant Increase in Short Interest

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

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

Several institutional investors have recently modified their holdings of FDT. TrueWealth Advisors LLC lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 5.5% in the 3rd quarter. TrueWealth Advisors LLC now owns 4,042 shares of the company's stock valued at $233,000 after purchasing an additional 212 shares in the last quarter. Apollon Wealth Management LLC boosted its position in First Trust Developed Markets ex-US AlphaDEX Fund by 5.4% during the third quarter. Apollon Wealth Management LLC now owns 5,384 shares of the company's stock worth $310,000 after acquiring an additional 274 shares during the last quarter. FMR LLC grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% during the 3rd quarter. FMR LLC now owns 555 shares of the company's stock valued at $32,000 after acquiring an additional 382 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 4.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 10,458 shares of the company's stock valued at $603,000 after acquiring an additional 423 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% in the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company's stock worth $118,000 after purchasing an additional 462 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Up 0.1 %

FDT traded up $0.08 during trading on Tuesday, hitting $53.64. The company's stock had a trading volume of 78,338 shares, compared to its average volume of 48,167. The firm has a market capitalization of $388.35 million, a price-to-earnings ratio of 7.34 and a beta of 0.96. The business's fifty day simple moving average is $55.23 and its 200 day simple moving average is $55.86. First Trust Developed Markets ex-US AlphaDEX Fund has a twelve month low of $50.47 and a twelve month high of $58.95.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.789 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.