First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Shares Shorted: Short Interest Down 91.4% in October

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 11,935 shares, a decrease of 91.4% from the September 30th total of 138,966 shares. Based on an average trading volume of 168,446 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

First Trust STOXX European Select Dividend Index Fund Price Performance

Shares of NYSEARCA FDD traded up $0.10 during mid-day trading on Monday, hitting $19.17. The company had a trading volume of 73,903 shares, compared to its average volume of 211,776. The company has a market capitalization of $887.57 million, a PE ratio of 9.67 and a beta of 0.68. First Trust STOXX European Select Dividend Index Fund has a 1-year low of $15.81 and a 1-year high of $20.80. The business’s 50-day simple moving average is $19.80 and its 200 day simple moving average is $19.06.

Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund

Large investors have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC raised its holdings in First Trust STOXX European Select Dividend Index Fund by 9.5% in the third quarter. Flagship Harbor Advisors LLC now owns 234,381 shares of the company’s stock valued at $4,505,000 after acquiring an additional 20,298 shares in the last quarter. Sigma Planning Corp purchased a new position in First Trust STOXX European Select Dividend Index Fund in the third quarter worth approximately $595,000. SBI Securities Co. Ltd. lifted its stake in First Trust STOXX European Select Dividend Index Fund by 13.9% in the third quarter. SBI Securities Co. Ltd. now owns 9,671 shares of the company’s stock worth $186,000 after acquiring an additional 1,183 shares during the last quarter. Ballast Inc. acquired a new position in First Trust STOXX European Select Dividend Index Fund during the 3rd quarter worth approximately $238,000. Finally, Murphy Middleton Hinkle & Parker Inc. grew its holdings in First Trust STOXX European Select Dividend Index Fund by 9.2% during the 3rd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 184,974 shares of the company’s stock worth $3,555,000 after acquiring an additional 15,559 shares in the last quarter.

About First Trust STOXX European Select Dividend Index Fund

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.