First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 100,466 shares, a growth of 617.1% from the July 15th total of 14,011 shares. Based on an average trading volume of 118,503 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are short sold.

First Trust STOXX European Select Dividend Index Fund Price Performance

First Trust STOXX European Select Dividend Index Fund stock traded down $0.03 during mid-day trading on Thursday, reaching $20.42. The stock had a trading volume of 41,979 shares, compared to its average volume of 231,948. The company has a market capitalization of $904.61 million, a price-to-earnings ratio of 9.67 and a beta of 0.68. The company has a 50-day moving average price of $19.39 and a two-hundred day moving average price of $18.89. First Trust STOXX European Select Dividend Index Fund has a one year low of $15.71 and a one year high of $20.54.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FDD. JPMorgan Chase & Co. purchased a new position in First Trust STOXX European Select Dividend Index Fund in the 2nd quarter worth approximately $28,000. Triumph Capital Management boosted its stake in First Trust STOXX European Select Dividend Index Fund by 280.0% during the 4th quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock valued at $33,000 after purchasing an additional 1,400 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust STOXX European Select Dividend Index Fund during the 2nd quarter valued at $34,000. N.E.W. Advisory Services LLC bought a new stake in shares of First Trust STOXX European Select Dividend Index Fund in the 4th quarter worth $84,000. Finally, Larson Financial Group LLC purchased a new position in shares of First Trust STOXX European Select Dividend Index Fund in the fourth quarter worth $119,000.

First Trust STOXX European Select Dividend Index Fund Company Profile

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.