First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Sees Significant Growth in Short Interest

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 4,000 shares, a growth of 17.6% from the October 31st total of 3,400 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 1.7 days.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Several institutional investors have recently modified their holdings of FEUZ. Activest Wealth Management acquired a new position in First Trust Eurozone AlphaDEX ETF during the third quarter valued at approximately $35,000. Unique Wealth Strategies LLC acquired a new position in First Trust Eurozone AlphaDEX ETF during the second quarter valued at approximately $186,000. HighTower Advisors LLC acquired a new position in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter worth approximately $210,000. Transamerica Financial Advisors Inc. increased its holdings in First Trust Eurozone AlphaDEX ETF by 99,416.7% during the third quarter. Transamerica Financial Advisors Inc. now owns 5,971 shares of the company’s stock worth $262,000 after buying an additional 5,965 shares during the last quarter. Finally, World Equity Group Inc. bought a new stake in First Trust Eurozone AlphaDEX ETF during the second quarter worth $709,000.

First Trust Eurozone AlphaDEX ETF Stock Up 0.9 %

FEUZ stock traded up $0.36 during trading on Friday, hitting $41.22. The company had a trading volume of 4,093 shares, compared to its average volume of 7,432. The firm has a 50-day moving average price of $42.35 and a 200-day moving average price of $42.77. First Trust Eurozone AlphaDEX ETF has a 12 month low of $38.85 and a 12 month high of $46.94. The stock has a market cap of $59.77 million, a price-to-earnings ratio of 9.97 and a beta of 1.07.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.2996 per share. This is a boost from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, September 26th. This represents a $1.20 annualized dividend and a dividend yield of 2.91%.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.