First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Up 20.7% in February

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,500 shares, an increase of 20.7% from the February 13th total of 2,900 shares. Based on an average trading volume of 10,100 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

First Trust United Kingdom AlphaDEX Fund Price Performance

NASDAQ:FKU opened at $41.14 on Thursday. The business has a 50 day moving average of $39.61 and a 200 day moving average of $39.84. The company has a market capitalization of $55.54 million, a price-to-earnings ratio of 13.57 and a beta of 1.22. First Trust United Kingdom AlphaDEX Fund has a 1-year low of $35.33 and a 1-year high of $42.54.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

Several hedge funds and other institutional investors have recently bought and sold shares of FKU. Jane Street Group LLC purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the fourth quarter worth $582,000. Quantinno Capital Management LP lifted its holdings in First Trust United Kingdom AlphaDEX Fund by 9.6% in the fourth quarter. Quantinno Capital Management LP now owns 12,050 shares of the company’s stock valued at $459,000 after acquiring an additional 1,055 shares during the period. Citadel Advisors LLC purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the fourth quarter worth about $2,033,000. Raymond James Financial Inc. purchased a new stake in First Trust United Kingdom AlphaDEX Fund in the fourth quarter worth about $601,000. Finally, Rathbones Group PLC increased its position in First Trust United Kingdom AlphaDEX Fund by 2.8% in the fourth quarter. Rathbones Group PLC now owns 59,264 shares of the company’s stock worth $2,257,000 after buying an additional 1,622 shares in the last quarter.

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.