First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Update

First Trust International IPO ETF (NASDAQ:FPXI) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is currently 0.4 days.

First Trust International IPO ETF Stock Performance

FPXI stock opened at $47.78 on Wednesday. The business has a 50-day simple moving average of $48.88 and a two-hundred day simple moving average of $48.08. The company has a market capitalization of $133.78 million, a P/E ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a 52-week low of $40.77 and a 52-week high of $50.80.

First Trust International IPO ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0945 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust International IPO ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE boosted its holdings in First Trust International IPO ETF by 3.1% during the 3rd quarter. US Bancorp DE now owns 11,100 shares of the company’s stock worth $537,000 after acquiring an additional 336 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in First Trust International IPO ETF by 16.7% during the second quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock worth $4,708,000 after purchasing an additional 14,330 shares during the last quarter. CWM LLC grew its position in First Trust International IPO ETF by 1,035.3% in the 3rd quarter. CWM LLC now owns 28,554 shares of the company’s stock worth $1,381,000 after purchasing an additional 26,039 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust International IPO ETF by 3.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 30,082 shares of the company’s stock worth $1,416,000 after purchasing an additional 1,113 shares in the last quarter. Finally, Bank of Montreal Can purchased a new stake in First Trust International IPO ETF in the 2nd quarter valued at about $403,000.

About First Trust International IPO ETF

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.