First Trust International Equity Opportunities ETF (NASDAQ:FPXI – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,752 shares, a decline of 92.3% from the September 30th total of 22,640 shares. Based on an average daily trading volume, of 110,503 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of First Trust International Equity Opportunities ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Concurrent Investment Advisors LLC acquired a new position in First Trust International Equity Opportunities ETF during the 2nd quarter worth $34,256,000. NewEdge Advisors LLC raised its position in shares of First Trust International Equity Opportunities ETF by 69.3% during the second quarter. NewEdge Advisors LLC now owns 83,990 shares of the company’s stock worth $7,033,000 after acquiring an additional 34,386 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of First Trust International Equity Opportunities ETF by 2.7% during the first quarter. Kestra Advisory Services LLC now owns 50,470 shares of the company’s stock valued at $3,116,000 after acquiring an additional 1,310 shares during the period. Arkadios Wealth Advisors lifted its stake in shares of First Trust International Equity Opportunities ETF by 8.0% during the first quarter. Arkadios Wealth Advisors now owns 29,409 shares of the company’s stock valued at $1,816,000 after acquiring an additional 2,181 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in First Trust International Equity Opportunities ETF by 185.2% in the second quarter. Citadel Advisors LLC now owns 12,810 shares of the company’s stock valued at $1,073,000 after acquiring an additional 8,319 shares during the last quarter.
First Trust International Equity Opportunities ETF Stock Up 1.1%
NASDAQ:FPXI traded up $0.70 during mid-day trading on Tuesday, reaching $63.35. 41,164 shares of the company were exchanged, compared to its average volume of 32,707. First Trust International Equity Opportunities ETF has a 12 month low of $55.75 and a 12 month high of $86.63. The company has a fifty day moving average of $68.37 and a 200 day moving average of $69.51. The stock has a market cap of $209.06 million, a PE ratio of 26.06 and a beta of 0.97.
First Trust International Equity Opportunities ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.2281 per share. This represents a $0.91 annualized dividend and a dividend yield of 1.4%. This is a decrease from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.3415. The ex-dividend date of this dividend was Thursday, September 24th.
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.
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