First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Down 8.3% in November

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 6,600 shares, a decrease of 8.3% from the November 15th total of 7,200 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in the stock. Rathbones Group PLC lifted its stake in 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 worth $1,700,000 after purchasing an additional 6,823 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of First Trust United Kingdom AlphaDEX Fund during the 3rd quarter valued at about $2,394,000. Finally, Quantinno Capital Management LP raised its holdings in shares of 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 buying an additional 1,477 shares in the last quarter.

First Trust United Kingdom AlphaDEX Fund Trading Down 0.0 %

FKU stock opened at $39.37 on Tuesday. First Trust United Kingdom AlphaDEX Fund has a 1-year low of $34.14 and a 1-year high of $42.54. The stock has a market cap of $74.80 million, a price-to-earnings ratio of 12.45 and a beta of 1.18. The company’s 50 day moving average is $39.99 and its 200 day moving average is $39.82.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.6439 dividend. The ex-dividend date is Friday, December 13th.

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.