Short Interest in First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Grows By 131.3%

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 34,393 shares, an increase of 131.3% from the March 31st total of 14,872 shares. Based on an average daily trading volume, of 187,742 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of First Trust STOXX European Select Dividend Index Fund

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth $28,000. Triumph Capital Management boosted its stake in First Trust STOXX European Select Dividend Index Fund by 280.0% during the 4th 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 acquired a new stake in First Trust STOXX European Select Dividend Index Fund during the 2nd quarter worth $34,000. N.E.W. Advisory Services LLC acquired a new stake in First Trust STOXX European Select Dividend Index Fund during the 4th quarter worth $84,000. Finally, Ameritas Advisory Services LLC boosted its stake in First Trust STOXX European Select Dividend Index Fund by 2,783.3% during the 3rd quarter. Ameritas Advisory Services LLC now owns 6,026 shares of the company’s stock worth $97,000 after purchasing an additional 5,817 shares during the period.

First Trust STOXX European Select Dividend Index Fund Price Performance

Shares of First Trust STOXX European Select Dividend Index Fund stock traded up $0.02 during trading hours on Monday, hitting $18.91. The company had a trading volume of 86,140 shares, compared to its average volume of 321,683. The company’s 50-day moving average is $18.25 and its two-hundred day moving average is $17.51. First Trust STOXX European Select Dividend Index Fund has a twelve month low of $14.19 and a twelve month high of $19.50. The company has a market cap of $851.90 million, a P/E ratio of 9.67 and a beta of 0.68.

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.