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

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,555 shares, an increase of 223.3% from the June 30th total of 481 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,671 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

Several hedge funds have recently modified their holdings of the stock. First Trust Advisors LP increased its holdings in shares of First Trust United Kingdom AlphaDEX Fund by 52.5% in the first quarter. First Trust Advisors LP now owns 1,149,823 shares of the company’s stock valued at $57,907,000 after purchasing an additional 395,709 shares in the last quarter. Citadel Advisors LLC acquired a new position in First Trust United Kingdom AlphaDEX Fund during the 3rd quarter worth $5,748,000. &PARTNERS bought a new position in First Trust United Kingdom AlphaDEX Fund in the 4th quarter valued at $3,081,000. Jane Street Group LLC boosted its position in First Trust United Kingdom AlphaDEX Fund by 8.1% in the 2nd quarter. Jane Street Group LLC now owns 51,499 shares of the company’s stock valued at $2,415,000 after buying an additional 3,858 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in First Trust United Kingdom AlphaDEX Fund by 11.6% in the 3rd quarter. Raymond James Financial Inc. now owns 14,634 shares of the company’s stock valued at $709,000 after buying an additional 1,522 shares during the last quarter.

First Trust United Kingdom AlphaDEX Fund Trading Up 1.3%

NASDAQ FKU traded up $0.70 on Friday, hitting $54.14. 932 shares of the company were exchanged, compared to its average volume of 22,318. The firm has a 50 day moving average of $53.57 and a two-hundred day moving average of $53.19. The company has a market cap of $37.90 million, a P/E ratio of 11.78 and a beta of 0.86. First Trust United Kingdom AlphaDEX Fund has a 1-year low of $45.52 and a 1-year high of $56.74.

First Trust United Kingdom AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $1.0965 dividend. This is a boost from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.16. This represents a $4.39 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust United Kingdom AlphaDEX Fund Company Profile

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.