First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Short Interest Up 7.1% in July

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 1,500 shares, an increase of 7.1% from the July 15th total of 1,400 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 1.4 days.

First Trust IPOX Europe Equity Opportunities ETF Stock Performance

FPXE stock opened at $26.03 on Tuesday. First Trust IPOX Europe Equity Opportunities ETF has a fifty-two week low of $19.25 and a fifty-two week high of $26.64. The company’s 50 day moving average price is $25.60 and its 200 day moving average price is $25.10. The firm has a market capitalization of $3.90 million, a price-to-earnings ratio of 18.76 and a beta of 1.00.

First Trust IPOX Europe Equity Opportunities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.3505 per share. The ex-dividend date of this dividend was Thursday, June 27th. This is an increase from First Trust IPOX Europe Equity Opportunities ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On First Trust IPOX Europe Equity Opportunities ETF

An institutional investor recently bought a new position in First Trust IPOX Europe Equity Opportunities ETF stock. Principal Securities Inc. acquired a new stake in First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,559 shares of the company’s stock, valued at approximately $35,000. Principal Securities Inc. owned about 0.78% of First Trust IPOX Europe Equity Opportunities ETF as of its most recent filing with the Securities and Exchange Commission.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.