First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Short Interest Down 60.5% in December

by · The Markets Daily

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ – Get Free Report) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 1,700 shares, a decline of 60.5% from the November 30th total of 4,300 shares. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Eurozone AlphaDEX ETF Stock Performance

Shares of FEUZ stock traded up $0.14 on Thursday, hitting $40.40. The stock had a trading volume of 488 shares, compared to its average volume of 11,113. First Trust Eurozone AlphaDEX ETF has a 52-week low of $38.85 and a 52-week high of $46.94. The firm has a market capitalization of $58.58 million, a price-to-earnings ratio of 9.97 and a beta of 1.07. The stock’s 50 day moving average is $41.54 and its 200-day moving average is $42.33.

First Trust Eurozone AlphaDEX ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.2006 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its position in shares of First Trust Eurozone AlphaDEX ETF by 139.8% in the 3rd quarter. Jane Street Group LLC now owns 39,096 shares of the company’s stock worth $1,710,000 after acquiring an additional 22,792 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of First Trust Eurozone AlphaDEX ETF during the third quarter valued at approximately $210,000. Rathbones Group PLC raised its stake in shares of First Trust Eurozone AlphaDEX ETF by 22.4% during the second quarter. Rathbones Group PLC now owns 19,696 shares of the company’s stock valued at $817,000 after purchasing an additional 3,611 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 3rd quarter worth approximately $35,000. Finally, Benjamin F. Edwards & Company Inc. acquired a new stake in First Trust Eurozone AlphaDEX ETF in the second quarter worth approximately $1,985,000.

About First Trust Eurozone AlphaDEX ETF

(Get Free Report)

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.

Further Reading