First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Down 82.2% in February

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 38,564 shares, a decrease of 82.2% from the February 12th total of 217,188 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily volume of 17,393 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 17,393 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.2% of the company’s stock are short sold.

Hedge Funds Weigh In On First Trust United Kingdom AlphaDEX Fund

Large investors have recently bought and sold shares of the stock. First Trust Advisors LP grew its stake in First Trust United Kingdom AlphaDEX Fund by 7.2% in the 4th quarter. First Trust Advisors LP now owns 754,114 shares of the company’s stock valued at $38,391,000 after purchasing an additional 50,741 shares during the period. Citadel Advisors LLC purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the 3rd quarter worth about $5,748,000. Rathbones Group PLC increased its stake in shares of 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 worth $2,939,000 after purchasing an additional 4,953 shares in the last quarter. &PARTNERS bought a new stake in shares of First Trust United Kingdom AlphaDEX Fund in the fourth quarter valued at approximately $3,081,000. Finally, Jane Street Group LLC raised its holdings in First Trust United Kingdom AlphaDEX Fund by 8.1% during the 2nd quarter. Jane Street Group LLC now owns 51,499 shares of the company’s stock valued at $2,415,000 after acquiring an additional 3,858 shares during the period.

First Trust United Kingdom AlphaDEX Fund Stock Up 0.1%

Shares of FKU opened at $52.20 on Wednesday. The business’s fifty day moving average is $53.65 and its 200 day moving average is $50.14. First Trust United Kingdom AlphaDEX Fund has a 12-month low of $35.98 and a 12-month high of $56.74. The stock has a market cap of $91.34 million, a P/E ratio of 11.78 and a beta of 0.97.

First Trust United Kingdom AlphaDEX Fund Increases Dividend

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

About First Trust United Kingdom AlphaDEX Fund

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.