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 large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 4,000 shares, a decrease of 55.1% from the February 13th total of 8,900 shares. Based on an average trading volume of 34,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of First Trust Developed Markets ex-US AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 10.8% during the 4th quarter. LPL Financial LLC now owns 476,026 shares of the company’s stock valued at $25,743,000 after purchasing an additional 46,387 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 0.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 468,220 shares of the company’s stock valued at $25,321,000 after purchasing an additional 2,996 shares in the last quarter. Raymond James Financial Inc. bought a new stake in First Trust Developed Markets ex-US AlphaDEX Fund during the 4th quarter valued at about $12,589,000. Cetera Investment Advisers increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 8.9% during the 4th quarter. Cetera Investment Advisers now owns 155,616 shares of the company’s stock valued at $8,416,000 after purchasing an additional 12,676 shares in the last quarter. Finally, Assetmark Inc. increased its stake in First Trust Developed Markets ex-US AlphaDEX Fund by 16.5% during the 4th quarter. Assetmark Inc. now owns 143,234 shares of the company’s stock valued at $7,746,000 after purchasing an additional 20,323 shares in the last quarter.

First Trust Developed Markets ex-US AlphaDEX Fund Stock Performance

Shares of NASDAQ FDT opened at $59.74 on Friday. The firm has a 50 day moving average price of $56.65 and a two-hundred day moving average price of $56.28. The stock has a market cap of $426.54 million, a P/E ratio of 9.91 and a beta of 0.96. First Trust Developed Markets ex-US AlphaDEX Fund has a 52-week low of $50.47 and a 52-week high of $59.90.

About First Trust Developed Markets ex-US AlphaDEX Fund

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.