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

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,900 shares, a growth of 493.3% from the January 31st total of 1,500 shares. Based on an average daily trading volume, of 34,000 shares, the short-interest ratio is currently 0.3 days.

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

Several large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in First Trust Developed Markets ex-US AlphaDEX Fund by 10.8% in the fourth quarter. LPL Financial LLC now owns 476,026 shares of the company's stock worth $25,743,000 after buying an additional 46,387 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 0.6% in 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. bought a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter worth $12,589,000. Cetera Investment Advisers grew its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 8.9% in the fourth quarter. Cetera Investment Advisers now owns 155,616 shares of the company's stock worth $8,416,000 after purchasing an additional 12,676 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of 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 worth $7,746,000 after purchasing an additional 20,323 shares in the last quarter.

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

NASDAQ FDT traded up $0.08 during trading hours on Monday, hitting $57.72. The company had a trading volume of 16,487 shares, compared to its average volume of 39,875. First Trust Developed Markets ex-US AlphaDEX Fund has a fifty-two week low of $50.47 and a fifty-two week high of $58.95. The business has a fifty day simple moving average of $55.70 and a 200-day simple moving average of $56.12. The firm has a market cap of $420.78 million, a P/E ratio of 9.91 and a beta of 0.94.

First Trust Developed Markets ex-US AlphaDEX Fund Dividend Announcement

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