Short Interest in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Decreases By 52.4%

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,452 shares, a decline of 52.4% from the November 30th total of 3,048 shares. Based on an average daily volume of 5,052 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,052 shares, the short-interest ratio is currently 0.3 days.

First Trust International Equity Opportunities ETF Trading Down 2.1%

First Trust International Equity Opportunities ETF stock traded down $1.28 during trading on Monday, reaching $59.44. The company had a trading volume of 3,414 shares, compared to its average volume of 9,225. First Trust International Equity Opportunities ETF has a 52 week low of $41.17 and a 52 week high of $62.28. The firm has a market capitalization of $151.57 million, a price-to-earnings ratio of 26.06 and a beta of 0.90. The firm’s 50-day simple moving average is $59.45 and its 200 day simple moving average is $58.18.

First Trust International Equity Opportunities ETF Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a $0.0686 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.27 annualized dividend and a yield of 0.5%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new stake in First Trust International Equity Opportunities ETF in the second quarter worth $38,000. Atlantic Union Bankshares Corp purchased a new position in First Trust International Equity Opportunities ETF during the 2nd quarter worth approximately $65,000. Private Trust Co. NA boosted its stake in shares of First Trust International Equity Opportunities ETF by 107.6% in the third quarter. Private Trust Co. NA now owns 1,262 shares of the company’s stock worth $76,000 after buying an additional 654 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of First Trust International Equity Opportunities ETF in the third quarter worth about $103,000. Finally, NewEdge Advisors LLC lifted its position in shares of First Trust International Equity Opportunities ETF by 3,945.5% during the 1st quarter. NewEdge Advisors LLC now owns 2,670 shares of the company’s stock valued at $126,000 after buying an additional 2,604 shares in the last quarter.

About First Trust International Equity Opportunities ETF

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.