Short Interest in First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Decreases By 55.1%

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 4,000 shares, a drop of 55.1% from the February 13th total of 8,900 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 0.1 days.

First Trust Developed Markets ex-US AlphaDEX Fund Trading Down 0.6 %

Shares of FDT opened at $58.65 on Friday. The company has a market cap of $418.76 million, a price-to-earnings ratio of 9.91 and a beta of 0.96. The business’s fifty day simple moving average is $56.45 and its two-hundred day simple moving average is $56.25. First Trust Developed Markets ex-US AlphaDEX Fund has a 12 month low of $50.47 and a 12 month high of $59.90.

Institutional Investors Weigh In On First Trust Developed Markets ex-US AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FDT. FMR LLC grew its holdings in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 220.8% in the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $32,000 after acquiring an additional 382 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund during the 3rd quarter valued at about $35,000. GAMMA Investing LLC increased its position in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 26.9% during the 4th quarter. GAMMA Investing LLC now owns 2,177 shares of the company’s stock valued at $118,000 after purchasing an additional 462 shares during the last quarter. Tucker Asset Management LLC lifted its stake in shares of First Trust Developed Markets ex-US AlphaDEX Fund by 39.1% in the 4th quarter. Tucker Asset Management LLC now owns 2,635 shares of the company’s stock worth $143,000 after purchasing an additional 741 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in shares of First Trust Developed Markets ex-US AlphaDEX Fund in the fourth quarter worth approximately $224,000.

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.