First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) Sees Significant Growth in Short Interest
First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) experienced a significant increase in short interest, rising 159.4% to 16,600 shares by September 30. The short-interest ratio is currently 0.4 days based on an average daily volume of 42,400 shares. Several institutional investors have adjusted their stakes in FDT, with notable increases from Farther Finance Advisors LLC and Cambridge Investment Research Advisors Inc. The stock recently traded down 0.9% to $75.32, with a market cap of $669.59 million and a dividend yield of 2.2%.
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