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

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 8,100 shares, an increase of 14.1% from the July 31st total of 7,100 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 1.0 days.

First Trust United Kingdom AlphaDEX Fund Stock Performance

Shares of NASDAQ:FKU traded down $0.26 during mid-day trading on Monday, reaching $40.82. 400 shares of the company’s stock were exchanged, compared to its average volume of 12,611. The firm has a market capitalization of $69.39 million, a price-to-earnings ratio of 12.45 and a beta of 1.18. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $30.01 and a twelve month high of $41.34. The business’s fifty day moving average price is $39.28 and its 200-day moving average price is $38.13.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.4464 dividend. This represents a $1.79 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust United Kingdom AlphaDEX Fund stock. Rathbones Group PLC lifted its position in shares of First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,163 shares of the company’s stock after purchasing an additional 1,292 shares during the quarter. Rathbones Group PLC owned 2.24% of First Trust United Kingdom AlphaDEX Fund worth $1,399,000 at the end of the most recent reporting period.

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.