Short Interest in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Drops By 49.9%

by · The Markets Daily

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

First Trust International Equity Opportunities ETF Stock Up 1.1%

Shares of First Trust International Equity Opportunities ETF stock traded up $0.89 during trading hours on Monday, hitting $78.77. 17,496 shares of the company’s stock traded hands, compared to its average volume of 12,928. The stock has a 50 day simple moving average of $69.01 and a 200-day simple moving average of $64.77. The company has a market cap of $204.80 million, a PE ratio of 26.06 and a beta of 0.96. First Trust International Equity Opportunities ETF has a twelve month low of $52.92 and a twelve month high of $78.99.

First Trust International Equity Opportunities ETF Cuts Dividend

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

Institutional Trading of First Trust International Equity Opportunities ETF

Large investors have recently modified their holdings of the business. Merkkuri Wealth Advisors LLC acquired a new stake in shares of First Trust International Equity Opportunities ETF during the first quarter valued at about $46,000. Western Wealth Management LLC acquired a new stake in shares of First Trust International Equity Opportunities ETF during the first quarter valued at about $48,000. Advisory Services Network LLC acquired a new stake in shares of First Trust International Equity Opportunities ETF during the third quarter valued at about $103,000. NewEdge Advisors LLC grew its stake 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 valued at $126,000 after acquiring an additional 2,604 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of First Trust International Equity Opportunities ETF during the fourth quarter valued at about $200,000.

First Trust International Equity Opportunities ETF Company Profile

(Get Free Report)

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.

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