First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Shares Shorted: Short Interest Up 182.1% in September

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,738 shares, an increase of 182.1% from the August 31st total of 1,325 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,483 shares, the short-interest ratio is presently 2.5 days.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Stock Down 0.0%

NASDAQ FDTS traded down $0.03 during trading on Monday, hitting $71.03. The company’s stock had a trading volume of 1,132 shares, compared to its average volume of 2,196. 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 50 day moving average price of $69.04 and a 200 day moving average price of $68.04. The firm has a market cap of $10.65 million, a P/E ratio of 8.58 and a beta of 0.85.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.6%. This is a decrease from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.7453. The ex-dividend date of this dividend is Thursday, September 24th.

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

Several institutional investors have recently added to or reduced their stakes in FDTS. Citadel Advisors LLC raised its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 28.9% in the second quarter. Citadel Advisors LLC now owns 30,215 shares of the company’s stock valued at $1,981,000 after buying an additional 6,775 shares during the last quarter. City Holding Co. acquired a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund during the second quarter valued at approximately $583,000. Finally, Noble Wealth Management PBC bought a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter worth about $131,000.

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

(Get Free Report)

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.

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