First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Sees Significant Growth in Short Interest

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

First Trust United Kingdom AlphaDEX Fund Trading Up 0.4 %

FKU traded up $0.18 during midday trading on Tuesday, hitting $41.04. The company’s stock had a trading volume of 842 shares, compared to its average volume of 11,584. The firm has a market cap of $61.56 million, a P/E ratio of 13.35 and a beta of 1.22. The firm has a 50-day moving average price of $38.97 and a two-hundred day moving average price of $39.82. First Trust United Kingdom AlphaDEX Fund has a 52-week low of $35.33 and a 52-week high of $42.54.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.6439 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quantinno Capital Management LP grew its holdings in First Trust United Kingdom AlphaDEX Fund by 9.6% in the 4th quarter. Quantinno Capital Management LP now owns 12,050 shares of the company’s stock valued at $459,000 after buying an additional 1,055 shares during the period. Citadel Advisors LLC purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the 4th quarter valued at about $2,033,000. Jane Street Group LLC purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the 4th quarter valued at about $582,000. Raymond James Financial Inc. purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the 4th quarter valued at about $601,000. Finally, Rathbones Group PLC grew its holdings in First Trust United Kingdom AlphaDEX Fund by 2.8% in the 4th quarter. Rathbones Group PLC now owns 59,264 shares of the company’s stock valued at $2,257,000 after buying an additional 1,622 shares during the period.

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.