First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Update

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 17,300 shares, a decrease of 10.4% from the September 15th total of 19,300 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 1.9 days.

First Trust United Kingdom AlphaDEX Fund Stock Performance

Shares of NASDAQ FKU traded up $0.10 during midday trading on Thursday, reaching $41.09. 9,577 shares of the stock were exchanged, compared to its average volume of 12,294. The stock has a market capitalization of $78.07 million, a P/E ratio of 12.45 and a beta of 1.18. The company has a 50 day simple moving average of $40.62 and a 200 day simple moving average of $39.16. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $30.01 and a twelve month high of $42.54.

First Trust United Kingdom AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2687 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.07 annualized dividend and a yield of 2.62%.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

An institutional investor recently raised its position in First Trust United Kingdom AlphaDEX Fund stock. Benjamin F. Edwards & Company Inc. lifted its stake in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 0.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 60,772 shares of the company’s stock after acquiring an additional 497 shares during the quarter. Benjamin F. Edwards & Company Inc. owned 3.68% of First Trust United Kingdom AlphaDEX Fund worth $2,295,000 at the end of the most recent reporting period.

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.