First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Short Interest Update

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 19,588 shares, a drop of 49.9% from the April 30th total of 39,084 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 17,482 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of First Trust International Equity Opportunities ETF

Several hedge funds have recently modified their holdings of the stock. Merkkuri Wealth Advisors LLC purchased a new position in First Trust International Equity Opportunities ETF in the first quarter valued at $46,000. Western Wealth Management LLC purchased a new position in First Trust International Equity Opportunities ETF in the first quarter valued at $48,000. Advisory Services Network LLC purchased a new position in shares of First Trust International Equity Opportunities ETF during the third quarter worth about $103,000. NewEdge Advisors LLC grew its holdings in shares of First Trust International Equity Opportunities ETF by 3,945.5% during the first quarter. NewEdge Advisors LLC now owns 2,670 shares of the company’s stock worth $126,000 after purchasing an additional 2,604 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of First Trust International Equity Opportunities ETF during the fourth quarter worth about $200,000.

First Trust International Equity Opportunities ETF Price Performance

Shares of NASDAQ FPXI remained flat at $78.77 during mid-day trading on Tuesday. The stock had a trading volume of 10,839 shares, compared to its average volume of 12,907. The stock has a market cap of $204.80 million, a P/E ratio of 26.06 and a beta of 0.96. First Trust International Equity Opportunities ETF has a twelve month low of $53.19 and a twelve month high of $80.12. The business’s fifty day moving average price is $69.35 and its 200-day moving average price is $64.91.

First Trust International Equity Opportunities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0541 dividend. This represents a $0.22 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, March 26th.

First Trust International Equity Opportunities ETF Company Profile

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.