First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,270 shares, an increase of 63.6% from the August 15th total of 2,610 shares. Based on an average daily trading volume, of 1,251 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.6% of the shares of the company are short sold.
First Trust United Kingdom AlphaDEX Fund Trading Up 0.3%
FKU stock opened at $55.21 on Thursday. The company has a market capitalization of $3.31 million, a P/E ratio of 11.78 and a beta of 0.86. The business has a 50 day simple moving average of $55.61 and a 200-day simple moving average of $53.78. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $45.82 and a twelve month high of $57.88.
First Trust United Kingdom AlphaDEX Fund Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $1.0965 per share. The ex-dividend date was Thursday, June 25th. This represents a $4.39 dividend on an annualized basis and a yield of 7.9%. This is an increase from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.16.
Institutional Inflows and Outflows
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.
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