First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Update

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 217,188 shares, an increase of 798.1% from the January 29th total of 24,183 shares. Approximately 12.4% of the shares of the stock are sold short. Based on an average trading volume of 52,842 shares, the days-to-cover ratio is presently 4.1 days. Based on an average trading volume of 52,842 shares, the days-to-cover ratio is presently 4.1 days. Approximately 12.4% of the shares of the stock are sold short.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in FKU. First Trust Advisors LP boosted its position in First Trust United Kingdom AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 703,373 shares of the company’s stock worth $34,091,000 after buying an additional 136,017 shares during the period. Citadel Advisors LLC bought a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the 3rd quarter valued at about $5,748,000. &PARTNERS acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at about $3,081,000. Jane Street Group LLC raised its position in shares of First Trust United Kingdom AlphaDEX Fund by 211.6% during the first quarter. Jane Street Group LLC now owns 47,641 shares of the company’s stock worth $1,907,000 after acquiring an additional 32,353 shares during the last quarter. Finally, Genesee Capital Advisors LLC bought a new position in shares of First Trust United Kingdom AlphaDEX Fund during the fourth quarter worth about $659,000.

First Trust United Kingdom AlphaDEX Fund Trading Up 2.2%

First Trust United Kingdom AlphaDEX Fund stock traded up $1.20 during trading hours on Wednesday, reaching $56.73. 34,846 shares of the stock were exchanged, compared to its average volume of 19,653. The stock has a 50 day moving average of $53.13 and a two-hundred day moving average of $49.73. The company has a market cap of $99.28 million, a P/E ratio of 11.78 and a beta of 0.97. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $35.98 and a twelve month high of $56.74.

First Trust United Kingdom AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.4568 dividend. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.32.

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.