First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Sees Large Increase in Short Interest

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the October 31st total of 100 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 2.6 days.

First Trust IPOX Europe Equity Opportunities ETF Trading Up 0.5 %

Shares of FPXE stock opened at $26.56 on Thursday. The firm has a fifty day simple moving average of $26.33 and a two-hundred day simple moving average of $25.97. First Trust IPOX Europe Equity Opportunities ETF has a 12 month low of $21.34 and a 12 month high of $28.04. The firm has a market capitalization of $3.98 million, a PE ratio of 18.76 and a beta of 1.00.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

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.