First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Short Interest Up 334.9% in July

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) saw a large growth in short interest in 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. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 572 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FDTS. Noble Wealth Management PBC bought a new position in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 2nd quarter worth $131,000. Osaic Holdings Inc. raised its holdings in 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 acquiring an additional 2,659 shares during the period. Citadel Advisors LLC lifted its position in shares of 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 valued at $969,000 after acquiring an additional 4,238 shares in the last quarter. City Holding Co. purchased a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the second quarter valued at about $583,000. Finally, Crusonia Wealth Advisors LLC purchased a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the fourth quarter valued at about $2,522,000.

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

Shares of NASDAQ:FDTS opened at $64.65 on Friday. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a 1-year low of $51.05 and a 1-year high of $72.63. The company has a market capitalization of $12.93 million, a P/E ratio of 8.58 and a beta of 0.83. The firm’s 50 day simple moving average is $67.06 and its two-hundred day simple moving average is $66.87.

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

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

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.