First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Sees Large Increase in Short Interest

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 7,182 shares, an increase of 394.6% from the December 15th total of 1,452 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 6,518 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 6,518 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the company’s shares are sold short.

First Trust International Equity Opportunities ETF Price Performance

Shares of NASDAQ FPXI traded down $0.44 during midday trading on Wednesday, hitting $62.51. The company’s stock had a trading volume of 1,356 shares, compared to its average volume of 6,223. First Trust International Equity Opportunities ETF has a 1 year low of $41.17 and a 1 year high of $63.18. The firm has a market capitalization of $159.39 million, a price-to-earnings ratio of 26.06 and a beta of 0.90. The business’s fifty day simple moving average is $59.63 and its two-hundred day simple moving average is $58.70.

First Trust International Equity Opportunities ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.0686 per share. This represents a $0.27 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Investors Weigh In On First Trust International Equity Opportunities ETF

A number of hedge funds have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp acquired a new position in First Trust International Equity Opportunities ETF during the 2nd quarter worth approximately $65,000. Flow Traders U.S. LLC purchased a new stake in shares of First Trust International Equity Opportunities ETF during the 2nd quarter worth $1,762,000. Belpointe Asset Management LLC grew its stake in shares of First Trust International Equity Opportunities ETF by 11.9% during the first quarter. Belpointe Asset Management LLC now owns 4,802 shares of the company’s stock worth $226,000 after purchasing an additional 510 shares in the last quarter. Impact Partnership Wealth LLC grew its stake in shares of First Trust International Equity Opportunities ETF by 30.6% during the second quarter. Impact Partnership Wealth LLC now owns 6,402 shares of the company’s stock worth $362,000 after purchasing an additional 1,501 shares in the last quarter. Finally, CWM LLC increased its holdings in First Trust International Equity Opportunities ETF by 10.5% in the second quarter. CWM LLC now owns 45,997 shares of the company’s stock valued at $2,597,000 after buying an additional 4,353 shares during the last quarter.

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.