Short Interest in First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Rises By 109.2%

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 12,178 shares, a growth of 109.2% from the December 31st total of 5,820 shares. Based on an average daily trading volume, of 48,383 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 48,383 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Eurozone AlphaDEX ETF Price Performance

Shares of First Trust Eurozone AlphaDEX ETF stock traded down $0.52 during trading on Friday, hitting $65.08. 1,913 shares of the company were exchanged, compared to its average volume of 26,560. The firm has a market capitalization of $123.64 million, a P/E ratio of 11.07 and a beta of 0.96. The firm’s fifty day moving average price is $61.53 and its 200 day moving average price is $59.18. First Trust Eurozone AlphaDEX ETF has a 1-year low of $40.43 and a 1-year high of $65.97.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.4837 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a boost from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.21. This represents a $1.93 annualized dividend and a yield of 3.0%.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Several institutional investors and hedge funds have recently made changes to their positions in FEUZ. Dunhill Financial LLC increased its position in shares of First Trust Eurozone AlphaDEX ETF by 22.5% in the 3rd quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock valued at $58,000 after buying an additional 181 shares in the last quarter. Fountainhead AM LLC grew its stake in First Trust Eurozone AlphaDEX ETF by 13.9% in the third quarter. Fountainhead AM LLC now owns 4,394 shares of the company’s stock valued at $258,000 after acquiring an additional 536 shares during the period. Sound Income Strategies LLC bought a new stake in shares of First Trust Eurozone AlphaDEX ETF in the fourth quarter worth about $40,000. Raymond James Financial Inc. raised its position in shares of First Trust Eurozone AlphaDEX ETF by 8.8% during the second quarter. Raymond James Financial Inc. now owns 10,710 shares of the company’s stock worth $592,000 after purchasing an additional 864 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter valued at about $64,000.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.