First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Sees Large Increase in Short Interest

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,300 shares, an increase of 135.7% from the December 31st total of 1,400 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 6.6 days.

First Trust IPOX Europe Equity Opportunities ETF Price Performance

NASDAQ FPXE traded up $0.22 on Thursday, reaching $27.53. The company had a trading volume of 297 shares, compared to its average volume of 995. The firm has a market capitalization of $4.13 million, a PE ratio of 18.76 and a beta of 1.00. The firm has a 50-day moving average of $26.33 and a 200-day moving average of $26.11. First Trust IPOX Europe Equity Opportunities ETF has a 1 year low of $22.50 and a 1 year high of $28.04.

First Trust IPOX Europe Equity Opportunities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.126 per share. The ex-dividend date was Friday, December 13th.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.