First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Short Interest Update

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 5,600 shares, an increase of 24.4% from the March 15th total of 4,500 shares. Based on an average daily trading volume, of 30,500 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

Shares of FDT traded up $0.02 during mid-day trading on Monday, reaching $54.98. 16,417 shares of the company’s stock traded hands, compared to its average volume of 31,095. The stock has a market cap of $409.04 million, a P/E ratio of 6.92 and a beta of 0.96. The stock’s 50-day moving average is $54.41 and its two-hundred day moving average is $51.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 12 month low of $46.90 and a 12 month high of $56.65.

First Trust Developed Markets ex-US AlphaDEX Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1962 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.78 annualized dividend and a yield of 1.43%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Flagstar Advisors Inc. grew its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 2.9% in the first quarter. Flagstar Advisors Inc. now owns 8,345 shares of the company’s stock worth $468,000 after purchasing an additional 234 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 4.1% during the first quarter. Park Avenue Securities LLC now owns 21,397 shares of the company’s stock worth $1,201,000 after buying an additional 835 shares during the period. Harbour Investments Inc. lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 3.9% during the fourth quarter. Harbour Investments Inc. now owns 7,423 shares of the company’s stock worth $390,000 after buying an additional 279 shares during the period. GTS Securities LLC purchased a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the fourth quarter worth $1,204,000. Finally, Citadel Advisors LLC lifted its holdings in First Trust Developed Markets ex-US AlphaDEX Fund by 81.4% during the fourth quarter. Citadel Advisors LLC now owns 133,641 shares of the company’s stock worth $7,017,000 after buying an additional 59,967 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.