First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Sees Significant Decrease in Short Interest

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the target of a significant drop in short interest in 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. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 205,488 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On First Trust STOXX European Select Dividend Index Fund

Several institutional investors have recently made changes to their positions in FDD. JPMorgan Chase & Co. acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth approximately $28,000. Triumph Capital Management raised its stake in First Trust STOXX European Select Dividend Index Fund by 280.0% during the fourth quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock worth $33,000 after purchasing an additional 1,400 shares during the period. Darwin Wealth Management LLC purchased a new stake in First Trust STOXX European Select Dividend Index Fund in the second quarter valued at approximately $34,000. N.E.W. Advisory Services LLC acquired a new position in First Trust STOXX European Select Dividend Index Fund during the fourth quarter worth $84,000. Finally, Larson Financial Group LLC acquired a new position in First Trust STOXX European Select Dividend Index Fund during the fourth quarter worth $119,000.

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

Shares of First Trust STOXX European Select Dividend Index Fund stock traded up $0.03 during midday trading on Monday, hitting $18.86. The company had a trading volume of 46,092 shares, compared to its average volume of 244,998. First Trust STOXX European Select Dividend Index Fund has a 12-month low of $15.18 and a 12-month high of $20.01. The stock has a market cap of $837.38 million, a price-to-earnings ratio of 9.67 and a beta of 0.69. The company has a fifty day simple moving average of $19.30 and a 200 day simple moving average of $18.56.

First Trust STOXX European Select Dividend Index Fund Company Profile

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.