First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Sees Significant Increase in Short Interest

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 7.7% from the November 30th total of 1,300 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 2.8 days.

First Trust IPOX Europe Equity Opportunities ETF Trading Down 0.0 %

First Trust IPOX Europe Equity Opportunities ETF stock opened at $25.56 on Thursday. The company has a 50-day moving average price of $26.21 and a 200 day moving average price of $26.03. First Trust IPOX Europe Equity Opportunities ETF has a 12-month low of $21.64 and a 12-month high of $28.04. The stock has a market cap of $3.83 million, a P/E ratio of 18.76 and a beta of 1.00.

First Trust IPOX Europe Equity Opportunities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.126 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.