First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Up 120.3% in July

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 14,011 shares, a growth of 120.3% from the June 30th total of 6,360 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 121,750 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. grew its stake in First Trust STOXX European Select Dividend Index Fund by 609.2% in the second quarter. Raymond James Financial Inc. now owns 1,491,557 shares of the company’s stock valued at $23,179,000 after purchasing an additional 1,281,248 shares in the last quarter. Citadel Advisors LLC raised its stake in shares of First Trust STOXX European Select Dividend Index Fund by 2,234.6% during the 3rd quarter. Citadel Advisors LLC now owns 1,169,383 shares of the company’s stock worth $18,886,000 after purchasing an additional 1,119,294 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 83.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,191,190 shares of the company’s stock valued at $19,238,000 after buying an additional 541,016 shares during the last quarter. Manchester Financial Inc. lifted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 37.7% during the 1st quarter. Manchester Financial Inc. now owns 1,966,746 shares of the company’s stock valued at $35,028,000 after buying an additional 538,011 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of First Trust STOXX European Select Dividend Index Fund by 171.7% in the 3rd quarter. Bank of America Corp DE now owns 742,842 shares of the company’s stock valued at $11,997,000 after buying an additional 469,480 shares in the last quarter.

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

Shares of NYSEARCA FDD traded up $0.09 during mid-day trading on Tuesday, reaching $19.51. The company had a trading volume of 106,825 shares, compared to its average volume of 236,297. The stock has a market cap of $864.29 million, a PE ratio of 9.67 and a beta of 0.69. The company has a 50-day moving average price of $19.27 and a two-hundred day moving average price of $18.69. First Trust STOXX European Select Dividend Index Fund has a 1-year low of $15.18 and a 1-year high of $20.01.

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.