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 target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 6,360 shares, a decline of 82.5% from the June 15th total of 36,304 shares. Based on an average daily volume of 205,488 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

First Trust STOXX European Select Dividend Index Fund Stock Up 0.5%

Shares of FDD traded up $0.09 during mid-day trading on Friday, hitting $18.83. 63,157 shares of the company traded hands, compared to its average volume of 246,528. The company has a market capitalization of $836.05 million, a PE ratio of 9.67 and a beta of 0.69. The business has a 50 day moving average of $19.30 and a 200 day moving average of $18.55. First Trust STOXX European Select Dividend Index Fund has a 1-year low of $15.18 and a 1-year high of $20.01.

Hedge Funds Weigh In On First Trust STOXX European Select Dividend Index Fund

Large investors have recently made changes to their positions in the company. Baird Financial Group Inc. purchased a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 1st quarter valued at approximately $174,000. Royal Bank of Canada increased its holdings in First Trust STOXX European Select Dividend Index Fund by 38.6% in the 1st quarter. Royal Bank of Canada now owns 25,429 shares of the company’s stock worth $346,000 after acquiring an additional 7,086 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in First Trust STOXX European Select Dividend Index Fund by 588.1% in the 1st quarter. Jones Financial Companies Lllp now owns 27,353 shares of the company’s stock worth $371,000 after acquiring an additional 23,378 shares in the last quarter. Jane Street Group LLC raised its position in First Trust STOXX European Select Dividend Index Fund by 87.4% during the first quarter. Jane Street Group LLC now owns 153,124 shares of the company’s stock worth $2,078,000 after acquiring an additional 71,433 shares during the period. Finally, Focus Partners Wealth acquired a new position in First Trust STOXX European Select Dividend Index Fund during the first quarter worth $611,000.

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.