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) was the recipient of a significant increase in short interest during 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. Currently, 2.5% of the shares of the stock are short sold. Based on an average daily volume of 1,483 shares, the days-to-cover ratio is currently 2.5 days.

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

A number of large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC grew its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 28.9% in the 2nd quarter. Citadel Advisors LLC now owns 30,215 shares of the company’s stock valued at $1,981,000 after acquiring 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 worth about $583,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter valued at about $131,000.

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

FDTS traded up $1.14 during trading on Friday, reaching $71.11. 1,132 shares of the stock were exchanged, compared to its average volume of 2,196. The company has a market capitalization of $10.67 million, a price-to-earnings ratio of 8.58 and a beta of 0.85. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 1 year low of $54.10 and a 1 year high of $72.63. The business’s 50 day moving average price is $69.04 and its two-hundred day moving average price is $68.02.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.2838 per share. This is a drop 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. This represents a $1.14 annualized dividend and a dividend yield of 1.6%.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Company Profile

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.