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 target of a significant increase in short interest during the month of 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. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 199,199 shares, the short-interest ratio is presently 1.0 days.

First Trust STOXX European Select Dividend Index Fund Stock Up 0.1%

FDD stock traded up $0.03 during midday trading on Friday, reaching $20.47. The stock had a trading volume of 91,040 shares, compared to its average volume of 224,826. The firm has a market cap of $906.82 million, a price-to-earnings ratio of 9.67 and a beta of 0.68. First Trust STOXX European Select Dividend Index Fund has a twelve month low of $15.71 and a twelve month high of $20.63. The business has a fifty day simple moving average of $19.63 and a two-hundred day simple moving average of $19.06.

Institutional Investors Weigh In On First Trust STOXX European Select Dividend Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new position in First Trust STOXX European Select Dividend Index Fund in the second quarter valued at approximately $28,000. Triumph Capital Management raised its position in shares of First Trust STOXX European Select Dividend Index Fund by 280.0% during the 4th quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock valued at $33,000 after acquiring an additional 1,400 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of First Trust STOXX European Select Dividend Index Fund during the 2nd quarter valued at $34,000. Larson Financial Group LLC acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund in the 4th quarter valued at $119,000. Finally, Western Wealth Management LLC acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund in the 1st quarter valued at $170,000.

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.