First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Short Interest Up 7.1% in July

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,500 shares, an increase of 7.1% from the July 15th total of 1,400 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Trust IPOX Europe Equity Opportunities ETF stock. Principal Securities Inc. acquired a new stake in shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,559 shares of the company’s stock, valued at approximately $35,000. Principal Securities Inc. owned approximately 0.78% of First Trust IPOX Europe Equity Opportunities ETF as of its most recent SEC filing.

First Trust IPOX Europe Equity Opportunities ETF Stock Up 0.5 %

NASDAQ:FPXE opened at $25.78 on Monday. The stock has a market cap of $3.87 million, a PE ratio of 18.76 and a beta of 1.00. The business’s 50-day simple moving average is $25.60 and its two-hundred day simple moving average is $25.07. First Trust IPOX Europe Equity Opportunities ETF has a 52 week low of $19.25 and a 52 week high of $26.64.

First Trust IPOX Europe Equity Opportunities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.3505 per share. This is a positive change from First Trust IPOX Europe Equity Opportunities ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Thursday, June 27th.

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.