First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Stock Short Interest Report for October

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 49,709 shares, a growth of 87.2% from the September 30th total of 26,557 shares. Based on an average trading volume of 164,657 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FDT. First Trust Advisors LP grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 2,056.9% during the first quarter. First Trust Advisors LP now owns 258,270 shares of the company’s stock valued at $22,451,000 after buying an additional 246,296 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the 3rd quarter valued at about $9,707,000. Independent Financial Group LLC bought a new position in First Trust Developed Markets ex-US AlphaDEX Fund in the 1st quarter valued at about $8,141,000. VestGen Advisors LLC acquired a new position in First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at about $4,438,000. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 393,613 shares of the company’s stock valued at $37,266,000 after purchasing an additional 45,226 shares during the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Price Performance

Shares of NASDAQ:FDT traded up $0.33 during trading on Monday, reaching $88.88. 106,648 shares of the stock were exchanged, compared to its average volume of 125,989. First Trust Developed Markets ex-US AlphaDEX Fund has a 1-year low of $74.60 and a 1-year high of $101.32. The stock has a fifty day moving average of $93.83 and a two-hundred day moving average of $92.91. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 9.95 and a beta of 0.89.

First Trust Developed Markets ex-US AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.5323 per share. This is a drop from First Trust Developed Markets ex-US AlphaDEX Fund’s previous quarterly dividend of $0.7816. The ex-dividend date was Thursday, September 24th. This represents a $2.13 dividend on an annualized basis and a yield of 2.4%.

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.