First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Down 98.9% in December

First Trust International IPO ETF (NASDAQ:FPXI) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 98.9% from the November 30th total of 9,500 shares. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust International IPO ETF

Large investors have recently added to or reduced their stakes in the stock. US Bancorp DE lifted its stake in shares of First Trust International IPO ETF by 3.1% during the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock worth $537,000 after purchasing an additional 336 shares in the last quarter. Susquehanna International Group LLP lifted its position in First Trust International IPO ETF by 16.7% during the 2nd quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock worth $4,708,000 after acquiring an additional 14,330 shares in the last quarter. CWM LLC boosted its holdings 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 acquiring an additional 26,039 shares during the period. Bank of Montreal Can acquired a new stake in First Trust International IPO ETF in the second quarter valued at approximately $403,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of First Trust International IPO ETF by 3.8% during the second quarter. Commonwealth Equity Services LLC now owns 30,082 shares of the company’s stock valued at $1,416,000 after purchasing an additional 1,113 shares during the period.

First Trust International IPO ETF Trading Up 0.4 %

FPXI traded up $0.17 during trading on Thursday, hitting $47.90. 6,240 shares of the company’s stock were exchanged, compared to its average volume of 12,051. First Trust International IPO ETF has a 1 year low of $40.77 and a 1 year high of $50.80. The stock has a 50 day moving average price of $49.16 and a 200 day moving average price of $48.04. The firm has a market cap of $136.52 million, a P/E ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.0945 per share. The ex-dividend date is Friday, December 13th.

First Trust International IPO ETF Company Profile

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.