First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 9,896 shares, a decrease of 49.3% from the May 14th total of 19,521 shares. Based on an average daily trading volume, of 107,002 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

First Trust STOXX European Select Dividend Index Fund Price Performance

Shares of NYSEARCA FDD opened at $19.82 on Friday. First Trust STOXX European Select Dividend Index Fund has a one year low of $15.14 and a one year high of $20.01. The business’s fifty day moving average price is $19.21 and its 200-day moving average price is $18.24. The stock has a market capitalization of $892.89 million, a PE ratio of 9.67 and a beta of 0.68.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FDD. Raymond James Financial Inc. lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 609.2% during the 2nd quarter. Raymond James Financial Inc. now owns 1,491,557 shares of the company’s stock valued at $23,179,000 after buying an additional 1,281,248 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 2,234.6% during the 3rd quarter. Citadel Advisors LLC now owns 1,169,383 shares of the company’s stock valued at $18,886,000 after buying an additional 1,119,294 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 83.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,191,190 shares of the company’s stock valued at $19,238,000 after buying an additional 541,016 shares during the last quarter. Manchester Financial Inc. lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 37.7% during the 1st quarter. Manchester Financial Inc. now owns 1,966,746 shares of the company’s stock valued at $35,028,000 after buying an additional 538,011 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 171.7% during the 3rd quarter. Bank of America Corp DE now owns 742,842 shares of the company’s stock valued at $11,997,000 after buying an additional 469,480 shares during the last quarter.

About First Trust STOXX European Select Dividend Index Fund

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.