First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Short Interest Update

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 15,459 shares, an increase of 94.7% from the June 15th total of 7,941 shares. Based on an average daily trading volume, of 160,313 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust International Equity Opportunities ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. TrueWealth Financial Partners bought a new position in First Trust International Equity Opportunities ETF during the fourth quarter valued at approximately $1,076,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust International Equity Opportunities ETF by 1,460.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 104,866 shares of the company’s stock worth $6,202,000 after acquiring an additional 98,145 shares in the last quarter. Northbridge Financial Group LLC bought a new stake in shares of First Trust International Equity Opportunities ETF in the 4th quarter worth approximately $1,285,000. Ameritas Advisory Services LLC bought a new stake in shares of First Trust International Equity Opportunities ETF in the 4th quarter worth approximately $200,000. Finally, NewEdge Advisors LLC boosted its stake in shares of First Trust International Equity Opportunities ETF by 20.0% in the 1st quarter. NewEdge Advisors LLC now owns 49,604 shares of the company’s stock valued at $3,063,000 after purchasing an additional 8,275 shares in the last quarter.

First Trust International Equity Opportunities ETF Trading Down 3.4%

Shares of First Trust International Equity Opportunities ETF stock traded down $2.50 on Thursday, hitting $71.43. 13,155 shares of the company traded hands, compared to its average volume of 30,003. First Trust International Equity Opportunities ETF has a 12-month low of $53.64 and a 12-month high of $86.63. The company has a market cap of $292.86 million, a P/E ratio of 26.06 and a beta of 0.96. The firm’s 50-day simple moving average is $77.02 and its 200 day simple moving average is $69.29.

First Trust International Equity Opportunities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.3415 per share. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05. This represents a $1.37 dividend on an annualized basis and a yield of 1.9%.

First Trust International Equity Opportunities ETF Company Profile

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.