First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Down 80.1% in December

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 5,581 shares, a decline of 80.1% from the December 15th total of 28,021 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 10,633 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 10,633 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

First Trust United Kingdom AlphaDEX Fund Trading Up 0.4%

FKU traded up $0.19 during midday trading on Tuesday, hitting $51.85. 617 shares of the company were exchanged, compared to its average volume of 2,117. The company’s 50 day simple moving average is $49.09 and its 200 day simple moving average is $48.01. The firm has a market capitalization of $88.15 million, a price-to-earnings ratio of 11.78 and a beta of 0.97. First Trust United Kingdom AlphaDEX Fund has a 1-year low of $35.98 and a 1-year high of $52.31.

First Trust United Kingdom AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.4568 per share. This is an increase from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.32. This represents a $1.83 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, December 12th.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

Several hedge funds have recently bought and sold shares of the stock. First Trust Advisors LP increased its holdings in shares of First Trust United Kingdom AlphaDEX Fund by 24.0% during the 3rd quarter. First Trust Advisors LP now owns 703,373 shares of the company’s stock valued at $34,091,000 after purchasing an additional 136,017 shares in the last quarter. Citadel Advisors LLC acquired a new stake in First Trust United Kingdom AlphaDEX Fund during the third quarter valued at $5,748,000. Jane Street Group LLC increased its holdings in First Trust United Kingdom AlphaDEX Fund by 211.6% in the first quarter. Jane Street Group LLC now owns 47,641 shares of the company’s stock valued at $1,907,000 after buying an additional 32,353 shares in the last quarter. Rathbones Group PLC increased its holdings in First Trust United Kingdom AlphaDEX Fund by 8.6% in the second quarter. Rathbones Group PLC now owns 62,683 shares of the company’s stock valued at $2,939,000 after buying an additional 4,953 shares in the last quarter. Finally, StoneX Group Inc. acquired a new position in shares of First Trust United Kingdom AlphaDEX Fund in the second quarter worth about $222,000.

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.