Short Interest in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Increases By 33.3%

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 7,200 shares, a growth of 33.3% from the October 31st total of 5,400 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

A number of large investors have recently made changes to their positions in the business. Quantinno Capital Management LP increased its position in First Trust United Kingdom AlphaDEX Fund by 15.5% during the 3rd quarter. Quantinno Capital Management LP now owns 10,995 shares of the company's stock valued at $460,000 after purchasing an additional 1,477 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of First Trust United Kingdom AlphaDEX Fund during the third quarter valued at about $2,394,000. Finally, Rathbones Group PLC increased its position in shares of First Trust United Kingdom AlphaDEX Fund by 18.1% during the second quarter. Rathbones Group PLC now owns 44,590 shares of the company's stock valued at $1,700,000 after buying an additional 6,823 shares during the period.

First Trust United Kingdom AlphaDEX Fund Trading Up 0.7 %

Shares of NASDAQ:FKU traded up $0.27 during trading on Friday, reaching $39.86. 2,958 shares of the company traded hands, compared to its average volume of 12,185. First Trust United Kingdom AlphaDEX Fund has a 52-week low of $34.14 and a 52-week high of $42.54. The firm has a market capitalization of $75.73 million, a price-to-earnings ratio of 12.45 and a beta of 1.18. The business's fifty day moving average is $40.30 and its 200-day moving average is $39.75.

First Trust United Kingdom AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2687 per share. This represents a $1.07 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend was Thursday, September 26th.

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.