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

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 193,114 shares, an increase of 92.2% from the July 30th total of 100,466 shares. Based on an average daily volume of 199,199 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

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

Several institutional investors have recently bought and sold shares of the stock. Benjamin Edwards Inc. lifted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 2.5% in the 4th quarter. Benjamin Edwards Inc. now owns 22,239 shares of the company’s stock valued at $389,000 after acquiring an additional 545 shares during the last quarter. Foresight Capital Management Advisors Inc. increased its stake in First Trust STOXX European Select Dividend Index Fund by 0.5% during the second quarter. Foresight Capital Management Advisors Inc. now owns 215,059 shares of the company’s stock worth $3,989,000 after acquiring an additional 990 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 0.7% in the 4th quarter. Cetera Investment Advisers now owns 145,683 shares of the company’s stock worth $2,549,000 after purchasing an additional 1,031 shares during the period. Hobart Private Capital LLC boosted its holdings in shares of First Trust STOXX European Select Dividend Index Fund by 0.6% in the 2nd quarter. Hobart Private Capital LLC now owns 178,103 shares of the company’s stock worth $3,304,000 after purchasing an additional 1,057 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of First Trust STOXX European Select Dividend Index Fund by 3.0% during the 1st quarter. International Assets Investment Management LLC now owns 41,155 shares of the company’s stock valued at $742,000 after purchasing an additional 1,201 shares during the last quarter.

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

FDD stock traded up $0.05 during midday trading on Monday, hitting $20.52. The company’s stock had a trading volume of 131,319 shares, compared to its average volume of 224,264. First Trust STOXX European Select Dividend Index Fund has a 12 month low of $15.71 and a 12 month high of $20.63. The company has a 50 day moving average of $19.65 and a two-hundred day moving average of $19.08. The firm has a market capitalization of $909.04 million, a price-to-earnings 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.