First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Down 94.9% in March

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 12,215 shares, a drop of 94.9% from the February 26th total of 240,388 shares. Based on an average daily volume of 352,701 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 352,701 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of First Trust STOXX European Select Dividend Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of FDD. JPMorgan Chase & Co. acquired a new stake in shares of First Trust STOXX European Select Dividend Index Fund in the 2nd quarter valued at approximately $28,000. Triumph Capital Management increased its stake in First Trust STOXX European Select Dividend Index Fund by 280.0% in the fourth 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 in the last quarter. Darwin Wealth Management LLC bought a new stake in First Trust STOXX European Select Dividend Index Fund in the second quarter valued at approximately $34,000. Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust STOXX European Select Dividend Index Fund in the second quarter worth $68,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in First Trust STOXX European Select Dividend Index Fund in the fourth quarter worth $84,000.

First Trust STOXX European Select Dividend Index Fund Stock Up 1.6%

NYSEARCA FDD traded up $0.28 on Wednesday, reaching $17.51. The company had a trading volume of 109,724 shares, compared to its average volume of 373,994. The stock’s 50 day moving average is $18.17 and its 200-day moving average is $17.12. The stock has a market cap of $742.47 million, a price-to-earnings ratio of 9.67 and a beta of 0.84. First Trust STOXX European Select Dividend Index Fund has a 52 week low of $11.97 and a 52 week high of $18.95.

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.