First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Short Interest Up 94.7% in June

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 15,459 shares, a growth of 94.7% from the June 15th total of 7,941 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 160,313 shares, the days-to-cover ratio is currently 0.1 days.

First Trust International Equity Opportunities ETF Stock Down 2.9%

FPXI opened at $69.39 on Friday. The stock has a market cap of $284.50 million, a price-to-earnings ratio of 26.06 and a beta of 0.96. The company’s 50-day moving average price is $76.91 and its two-hundred day moving average price is $69.37. First Trust International Equity Opportunities ETF has a twelve month low of $53.64 and a twelve month high of $86.63.

First Trust International Equity Opportunities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.3415 per share. This represents a $1.37 annualized dividend and a dividend yield of 2.0%. 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.

Institutional Trading of First Trust International Equity Opportunities ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FPXI. TrueWealth Financial Partners bought a new position in shares of First Trust International Equity Opportunities ETF in the fourth quarter worth $1,076,000. Northwestern Mutual Wealth Management Co. increased its stake in First Trust International Equity Opportunities ETF by 1,460.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 104,866 shares of the company’s stock valued at $6,202,000 after acquiring an additional 98,145 shares during the last quarter. Northbridge Financial Group LLC bought a new position in First Trust International Equity Opportunities ETF in the fourth quarter valued at $1,285,000. Ameritas Advisory Services LLC purchased a new stake in First Trust International Equity Opportunities ETF during the fourth quarter valued at about $200,000. Finally, NewEdge Advisors LLC raised its position in First Trust International Equity Opportunities ETF by 20.0% during the first 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 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.