First Trust Dynamic Europe Equity Income Fund (NYSE:FDEU) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 9,300 shares, a growth of 447.1% from the December 15th total of 1,700 shares. Based on an average daily volume of 53,800 shares, the short-interest ratio is presently 0.2 days.

Several large investors have recently added to or reduced their stakes in FDEU. Advisor Group Holdings Inc. lifted its position in First Trust Dynamic Europe Equity Income Fund by 16.7% during the second quarter. Advisor Group Holdings Inc. now owns 16,713 shares of the company’s stock worth $173,000 after purchasing an additional 2,388 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Dynamic Europe Equity Income Fund by 33.9% in the second quarter. Commonwealth Equity Services LLC now owns 32,252 shares of the company’s stock worth $333,000 after acquiring an additional 8,172 shares during the last quarter. RMB Capital Management LLC lifted its holdings in shares of First Trust Dynamic Europe Equity Income Fund by 14.1% in the third quarter. RMB Capital Management LLC now owns 69,173 shares of the company’s stock worth $695,000 after acquiring an additional 8,530 shares during the last quarter. Eudaimonia Partners LLC lifted its holdings in shares of First Trust Dynamic Europe Equity Income Fund by 210.4% in the third quarter. Eudaimonia Partners LLC now owns 13,967 shares of the company’s stock worth $218,000 after acquiring an additional 9,467 shares during the last quarter. Finally, CNH Partners LLC lifted its holdings in shares of First Trust Dynamic Europe Equity Income Fund by 88.8% in the third quarter. CNH Partners LLC now owns 63,603 shares of the company’s stock worth $639,000 after acquiring an additional 29,918 shares during the last quarter.

Shares of NYSE FDEU opened at $12.03 on Thursday. First Trust Dynamic Europe Equity Income Fund has a 52 week low of $7.22 and a 52 week high of $15.35. The stock has a 50 day moving average price of $11.71 and a 200 day moving average price of $10.74.

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 15th. Shareholders of record on Tuesday, January 5th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Monday, January 4th. This represents a $0.72 annualized dividend and a dividend yield of 5.99%.

About First Trust Dynamic Europe Equity Income Fund

First Trust Dynamic Europe Equity Income Fund is a close ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Henderson Global Investors (North America) Inc and Henderson Investment Management Limited. It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.

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