Short Interest in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Expands By 31.8%

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 2,900 shares, an increase of 31.8% from the January 31st total of 2,200 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

Large investors have recently bought and sold shares of the stock. Benjamin Edwards Inc. acquired a new stake in First Trust United Kingdom AlphaDEX Fund in the third quarter valued at approximately $2,394,000. Citadel Advisors LLC acquired a new position in shares of First Trust United Kingdom AlphaDEX Fund during the 4th quarter worth about $2,033,000. Raymond James Financial Inc. purchased a new stake in First Trust United Kingdom AlphaDEX Fund during the fourth quarter worth approximately $601,000. Jane Street Group LLC purchased a new position in First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at approximately $582,000. Finally, Rathbones Group PLC raised its holdings in First Trust United Kingdom AlphaDEX Fund by 2.8% during the fourth quarter. Rathbones Group PLC now owns 59,264 shares of the company’s stock worth $2,257,000 after purchasing an additional 1,622 shares in the last quarter.

First Trust United Kingdom AlphaDEX Fund Stock Up 1.3 %

Shares of FKU opened at $41.32 on Thursday. First Trust United Kingdom AlphaDEX Fund has a fifty-two week low of $35.33 and a fifty-two week high of $42.54. The company has a market cap of $66.11 million, a P/E ratio of 13.35 and a beta of 1.18. The firm’s 50 day moving average price is $39.03 and its 200 day moving average price is $39.83.

First Trust United Kingdom AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.6439 dividend. The ex-dividend date was Friday, December 13th.

About First Trust United Kingdom AlphaDEX Fund

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.