First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) Sees Large Decline in Short Interest

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (NASDAQ:FDTS) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 648 shares, a drop of 90.3% from the February 26th total of 6,654 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 6,725 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 6,725 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are sold short.

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund Trading Up 1.5%

FDTS traded up $0.98 on Wednesday, hitting $65.31. 610 shares of the company were exchanged, compared to its average volume of 4,370. The firm has a 50-day moving average price of $66.53 and a two-hundred day moving average price of $60.24. First Trust Developed Markets ex-US Small Cap AlphaDEX Fund has a twelve month low of $37.10 and a twelve month high of $72.53. The company has a market cap of $9.80 million, a price-to-earnings ratio of 8.58 and a beta of 0.86.

Hedge Funds Weigh In On First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. raised its stake in First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 3,365.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,738 shares of the company’s stock valued at $160,000 after buying an additional 2,659 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund by 32.5% in the 3rd 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 during the last quarter. Finally, Crusonia Wealth Advisors LLC purchased a new position in shares of First Trust Developed Markets ex-US Small Cap AlphaDEX Fund in the 4th quarter valued at about $2,522,000.

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.