First Trust Developed Markets Ex-US AlphaDEX Fund Price & Performance (FDT)

First Trust Developed Markets ex-US AlphaDEX Fund (NASDAQ:FDT) experienced a notable 55.1% decrease in short interest, falling from 8,900 shares to 4,000 shares as of February 28. With a market cap of $418.76 million, the ETF has shown stability, trading near its 12-month high of $59.90.1

The First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) reported a 208% spike in trading volume, reaching 76,551 shares. Despite this activity, the stock last traded at $138.13, slightly below its previous close. The fund has a market cap of $1.08 billion and a P/E ratio of 27.25.2

Both First Trust Developed Markets ex-US AlphaDEX Fund and First Trust Large Cap Growth AlphaDEX Fund have seen recent shifts in institutional investments. Hedge funds have increased holdings in both ETFs, reflecting confidence in their performance amid varying market conditions.12