First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,360 shares, a drop of 82.5% from the June 15th total of 36,304 shares. Based on an average trading volume of 205,488 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

First Trust STOXX European Select Dividend Index Fund Trading Up 0.2%

NYSEARCA:FDD traded up $0.03 on Monday, hitting $18.86. 46,092 shares of the stock were exchanged, compared to its average volume of 244,997. The stock has a market cap of $837.38 million, a PE ratio of 9.67 and a beta of 0.69. The stock has a fifty day moving average of $19.30 and a 200-day moving average of $18.56. First Trust STOXX European Select Dividend Index Fund has a fifty-two week low of $15.18 and a fifty-two week high of $20.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. ODonnell Financial Services LLC lifted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 5.6% during the 4th quarter. ODonnell Financial Services LLC now owns 874,012 shares of the company’s stock valued at $15,295,000 after acquiring an additional 46,011 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in First Trust STOXX European Select Dividend Index Fund in the 4th quarter valued at $84,000. Foresight Capital Management Advisors Inc. raised its position in First Trust STOXX European Select Dividend Index Fund by 4.6% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 216,978 shares of the company’s stock valued at $3,797,000 after purchasing an additional 9,516 shares during the period. Berger Financial Group Inc raised its position in First Trust STOXX European Select Dividend Index Fund by 4.2% in the fourth quarter. Berger Financial Group Inc now owns 20,124 shares of the company’s stock valued at $352,000 after purchasing an additional 820 shares during the period. Finally, Hobart Private Capital LLC lifted its stake in shares of First Trust STOXX European Select Dividend Index Fund by 5.4% during the fourth quarter. Hobart Private Capital LLC now owns 177,055 shares of the company’s stock worth $3,098,000 after purchasing an additional 9,007 shares in the last quarter.

About First Trust STOXX European Select Dividend Index Fund

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.