Short Interest in First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Grows By 9.7%

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,400 shares, a growth of 9.7% from the October 15th total of 3,100 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 1.4 days.

First Trust Eurozone AlphaDEX ETF Trading Up 0.1 %

Shares of NASDAQ FEUZ opened at $41.42 on Tuesday. The firm has a 50 day moving average of $42.74 and a 200 day moving average of $42.93. The firm has a market capitalization of $60.06 million, a price-to-earnings ratio of 9.97 and a beta of 1.07. First Trust Eurozone AlphaDEX ETF has a 12-month low of $38.52 and a 12-month high of $46.94.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2996 per share. This represents a $1.20 annualized dividend and a yield of 2.89%. This is a positive change from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

Several large investors have recently added to or reduced their stakes in FEUZ. Activest Wealth Management bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the third quarter worth approximately $35,000. Unique Wealth Strategies LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the second quarter worth approximately $186,000. HighTower Advisors LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the third quarter worth approximately $210,000. Transamerica Financial Advisors Inc. boosted its position in shares of First Trust Eurozone AlphaDEX ETF by 99,416.7% in the third quarter. Transamerica Financial Advisors Inc. now owns 5,971 shares of the company’s stock worth $262,000 after purchasing an additional 5,965 shares during the period. Finally, World Equity Group Inc. bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the second quarter worth approximately $709,000.

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.