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

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 374 shares, an increase of 334.9% from the June 30th total of 86 shares. Based on an average trading volume of 572 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Stock Performance

FDTS stock opened at $64.65 on Friday. The firm has a market cap of $12.93 million, a PE ratio of 8.58 and a beta of 0.83. The firm has a fifty day moving average price of $67.06 and a 200 day moving average price of $66.87. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a fifty-two week low of $51.05 and a fifty-two week high of $72.63.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.7453 dividend. This represents a $2.98 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Noble Wealth Management PBC bought a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 2nd quarter valued at approximately $131,000. Osaic Holdings Inc. lifted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock worth $160,000 after buying an additional 2,659 shares during the last quarter. Citadel Advisors LLC lifted its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the third quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock worth $969,000 after buying an additional 4,238 shares during the last quarter. City Holding Co. purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the second quarter worth $583,000. Finally, Crusonia Wealth Advisors LLC purchased a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the fourth quarter worth $2,522,000.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX DM Ex-US Small Cap index. The fund tracks a tiered equal-weighted index of 400 small-cap companies selected from the S&P Developed Markets ex-US BMI based on S&P’s AlphaDex selection methodology. FDTS was launched on Feb 15, 2012 and is managed by First Trust.