First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Short Interest Update

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 374 shares, a growth of 334.9% from the June 30th total of 86 shares. Based on an average daily volume of 572 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Noble Wealth Management PBC bought a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter worth $131,000. Osaic Holdings Inc. raised its stake 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 in the last quarter. Citadel Advisors LLC lifted its holdings in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the third quarter. Citadel Advisors LLC now owns 17,298 shares of the company’s stock worth $969,000 after purchasing an additional 4,238 shares during the period. City Holding Co. acquired a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter worth about $583,000. Finally, Crusonia Wealth Advisors LLC acquired a new stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter worth about $2,522,000.

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

Shares of FDTS traded down $0.48 during mid-day trading on Monday, reaching $64.24. 584 shares of the company’s stock traded hands, compared to its average volume of 2,512. The business’s 50-day moving average price is $67.06 and its 200-day moving average price is $66.92. The stock has a market capitalization of $12.85 million, a P/E ratio of 8.58 and a beta of 0.83. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 12 month low of $51.05 and a 12 month high of $72.63.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.7453 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.98 annualized dividend and a yield of 4.6%. This is an increase from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.16.

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.