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

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,280 shares, an increase of ? from the July 30th total of 0 shares. Based on an average daily volume of 944 shares, the short-interest ratio is currently 1.4 days. Approximately 0.6% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in FDTS. Noble Wealth Management PBC acquired a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter valued at approximately $131,000. City Holding Co. bought a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter worth approximately $583,000. Citadel Advisors LLC grew its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% during the 3rd quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock worth $969,000 after purchasing an additional 4,238 shares in the last quarter. Crusonia Wealth Advisors LLC acquired a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the 4th quarter worth approximately $2,522,000. Finally, Osaic Holdings Inc. increased its position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% during the fourth quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock valued at $160,000 after purchasing an additional 2,659 shares during the period.

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

NASDAQ FDTS opened at $71.11 on Tuesday. The company’s fifty day moving average is $66.85 and its two-hundred day moving average is $67.85. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 52-week low of $54.10 and a 52-week high of $72.63. The firm has a market capitalization of $14.22 million, a price-to-earnings ratio of 8.58 and a beta of 0.83.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.7453 dividend. The ex-dividend date was Thursday, June 25th. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16. This represents a $2.98 annualized dividend and a dividend yield of 4.2%.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

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.