First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Get Free Report) saw a significant 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. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,100 shares, the short-interest ratio is currently 0.3 days.
First Trust United Kingdom AlphaDEX Fund Stock Performance
Shares of NASDAQ FKU traded down $0.44 during mid-day trading on Friday, hitting $40.49. 1,280 shares of the stock were exchanged, compared to its average volume of 8,197. The stock's fifty day simple moving average is $39.75 and its two-hundred day simple moving average is $39.84. The company has a market cap of $54.66 million, a P/E ratio of 13.57 and a beta of 1.22. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $35.33 and a twelve month high of $42.54.
Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantinno Capital Management LP raised its holdings in shares of First Trust United Kingdom AlphaDEX Fund by 9.6% during the fourth quarter. Quantinno Capital Management LP now owns 12,050 shares of the company's stock worth $459,000 after acquiring an additional 1,055 shares during the period. Citadel Advisors LLC acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund during the fourth quarter worth $2,033,000. Jane Street Group LLC acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund during the fourth quarter worth $582,000. Raymond James Financial Inc. acquired a new stake in shares of First Trust United Kingdom AlphaDEX Fund during the fourth quarter worth $601,000. Finally, Rathbones Group PLC raised its holdings in shares of First Trust United Kingdom AlphaDEX Fund by 2.8% during the fourth quarter. Rathbones Group PLC now owns 59,264 shares of the company's stock worth $2,257,000 after acquiring an additional 1,622 shares during the period.
About First Trust United Kingdom AlphaDEX Fund
(
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.
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