Short Interest in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Drops By 70.5%

by · The Cerbat Gem

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 531 shares, a decline of 70.5% from the January 15th total of 1,803 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 955 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 955 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

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

FDTS traded up $0.79 during trading hours on Wednesday, hitting $69.12. 10,801 shares of the stock were exchanged, compared to its average volume of 2,228. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 12 month low of $37.10 and a 12 month high of $69.35. The stock has a 50-day simple moving average of $60.86 and a 200-day simple moving average of $57.13. The stock has a market cap of $10.37 million, a price-to-earnings ratio of 8.58 and a beta of 0.86.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.6346 per share. This is a boost from First Trust Developed Markets ex-US Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.34. This represents a $2.54 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, December 12th.

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

An institutional investor recently raised its position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund stock. Citadel Advisors LLC boosted its stake in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS – Free Report) by 32.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,298 shares of the company’s stock after purchasing an additional 4,238 shares during the period. Citadel Advisors LLC owned about 11.53% of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund worth $969,000 at the end of the most recent reporting period.

About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

(Get Free Report)

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.

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