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 growth in short interest in the month of May. As of May 29th, there was short interest totaling 829 shares, a growth of 62.5% from the May 14th total of 510 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,230 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

A number of institutional investors have recently bought and sold shares of FKU. NewEdge Advisors LLC acquired a new position in shares of First Trust United Kingdom AlphaDEX Fund during the 2nd quarter worth approximately $34,000. Advisory Services Network LLC acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the third quarter valued at approximately $62,000. Dunhill Financial LLC boosted its stake in shares of First Trust United Kingdom AlphaDEX Fund by 220.1% in the fourth quarter. Dunhill Financial LLC now owns 3,089 shares of the company’s stock valued at $169,000 after buying an additional 2,124 shares during the period. StoneX Group Inc. boosted its stake in shares of First Trust United Kingdom AlphaDEX Fund by 12.5% in the fourth quarter. StoneX Group Inc. now owns 5,331 shares of the company’s stock valued at $271,000 after buying an additional 591 shares during the period. Finally, Susquehanna International Group LLP grew its position in First Trust United Kingdom AlphaDEX Fund by 16.0% during the third quarter. Susquehanna International Group LLP now owns 9,426 shares of the company’s stock worth $457,000 after buying an additional 1,302 shares in the last quarter.

First Trust United Kingdom AlphaDEX Fund Stock Performance

FKU opened at $54.52 on Tuesday. The stock has a fifty day moving average of $53.32 and a 200-day moving average of $52.39. The company has a market capitalization of $40.89 million, a P/E ratio of 11.78 and a beta of 0.86. First Trust United Kingdom AlphaDEX Fund has a fifty-two week low of $45.51 and a fifty-two week high of $56.74.

First Trust United Kingdom AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1569 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 26th.

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.