First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Stock Short Interest Report for October

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 5,041 shares, an increase of 187.7% from the October 15th total of 1,752 shares. Based on an average daily trading volume, of 22,923 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new stake in First Trust International Equity Opportunities ETF during the 3rd quarter worth $1,501,000. First Trust Advisors LP acquired a new stake in shares of First Trust International Equity Opportunities ETF in the third quarter valued at about $53,421,000. Private Advisor Group LLC acquired a new stake in shares of First Trust International Equity Opportunities ETF in the third quarter valued at about $360,000. HighTower Advisors LLC purchased a new position in shares of First Trust International Equity Opportunities ETF in the third quarter worth about $1,760,000. Finally, Harbour Investments Inc. purchased a new position in shares of First Trust International Equity Opportunities ETF in the third quarter worth about $204,000.

First Trust International Equity Opportunities ETF Stock Down 1.0%

Shares of NASDAQ FPXI traded down $0.60 during midday trading on Friday, hitting $60.33. The stock had a trading volume of 9,563 shares, compared to its average volume of 31,662. The company has a market capitalization of $190.04 million, a PE ratio of 19.39 and a beta of 1.00. The stock has a 50 day simple moving average of $65.70 and a 200-day simple moving average of $69.40. First Trust International Equity Opportunities ETF has a 1 year low of $55.75 and a 1 year high of $86.63.

First Trust International Equity Opportunities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.2281 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.91 annualized dividend and a yield of 1.5%. This is a decrease from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.3415.

About First Trust International Equity Opportunities 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.