Short Interest in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Decreases By 70.1%
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First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) experienced a significant decrease in short interest, dropping 70.1% from 18,432 shares to 5,502 shares as of March 31. This represents approximately 0.3% of the company's shares sold short, with a short-interest ratio of 0.5 days based on an average trading volume of 12,226 shares. The fund also declared a quarterly dividend of $0.1569, yielding 1.2%. Institutional investors have recently adjusted their positions in FKU, with notable increases in stakes from several firms.
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