First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 3,500 shares, an increase of 20.7% from the February 13th total of 2,900 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company's shares are sold short.
First Trust United Kingdom AlphaDEX Fund Price Performance
Shares of First Trust United Kingdom AlphaDEX Fund stock traded down $0.44 on Friday, hitting $40.49. 1,280 shares of the company's stock traded hands, compared to its average volume of 8,197. First Trust United Kingdom AlphaDEX Fund has a one year low of $35.33 and a one year high of $42.54. The company has a fifty day moving average of $39.75 and a two-hundred day moving average of $39.84. The company has a market capitalization of $54.66 million, a price-to-earnings ratio of 13.57 and a beta of 1.22.
Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund
A number of hedge funds have recently added to or reduced their stakes in FKU. Benjamin Edwards Inc. acquired a new stake in First Trust United Kingdom AlphaDEX Fund in the third quarter valued at approximately $2,394,000. Citadel Advisors LLC bought a new position in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at approximately $2,033,000. Raymond James Financial Inc. bought a new position in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at approximately $601,000. Jane Street Group LLC bought a new position in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at approximately $582,000. Finally, Rathbones Group PLC lifted its holdings in shares of First Trust United Kingdom AlphaDEX Fund by 2.8% in the fourth quarter. Rathbones Group PLC now owns 59,264 shares of the company's stock valued at $2,257,000 after purchasing an additional 1,622 shares in the last quarter.
First Trust United Kingdom AlphaDEX Fund Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider First Trust United Kingdom AlphaDEX Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust United Kingdom AlphaDEX Fund wasn't on the list.
While First Trust United Kingdom AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
