First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 9,896 shares, a decrease of 49.3% from the May 14th total of 19,521 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 107,002 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Benjamin Edwards Inc. grew its stake in First Trust STOXX European Select Dividend Index Fund by 2.5% in the 4th quarter. Benjamin Edwards Inc. now owns 22,239 shares of the company’s stock valued at $389,000 after purchasing an additional 545 shares during the period. J2 Capital Management Inc grew its stake in First Trust STOXX European Select Dividend Index Fund by 1.8% in the 4th quarter. J2 Capital Management Inc now owns 41,523 shares of the company’s stock valued at $727,000 after purchasing an additional 724 shares during the period. Berger Financial Group Inc grew its stake in First Trust STOXX European Select Dividend Index Fund by 4.2% in the 4th quarter. Berger Financial Group Inc now owns 20,124 shares of the company’s stock valued at $352,000 after purchasing an additional 820 shares during the period. Silver Oak Securities Incorporated grew its stake in First Trust STOXX European Select Dividend Index Fund by 4.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 20,490 shares of the company’s stock valued at $360,000 after purchasing an additional 833 shares during the period. Finally, Cetera Investment Advisers grew its stake in First Trust STOXX European Select Dividend Index Fund by 0.7% in the 4th quarter. Cetera Investment Advisers now owns 145,683 shares of the company’s stock valued at $2,549,000 after purchasing an additional 1,031 shares during the period.

First Trust STOXX European Select Dividend Index Fund Price Performance

Shares of NYSEARCA:FDD opened at $19.82 on Friday. The company has a market capitalization of $892.89 million, a PE ratio of 9.67 and a beta of 0.68. The business has a fifty day moving average price of $19.21 and a two-hundred day moving average price of $18.24. First Trust STOXX European Select Dividend Index Fund has a 1 year low of $15.14 and a 1 year high of $20.01.

First Trust STOXX European Select Dividend Index Fund Company Profile

First Trust DJ STOXX Select Dividend 30 Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.