First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Update

First Trust International IPO ETF (NASDAQ:FPXI) saw a large drop in short interest during 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 days-to-cover ratio is currently 0.0 days.

First Trust International IPO ETF Stock Performance

NASDAQ FPXI opened at $47.82 on Friday. First Trust International IPO ETF has a one year low of $40.77 and a one year high of $50.80. The company has a 50-day simple moving average of $49.15 and a 200-day simple moving average of $48.04. The firm has a market capitalization of $136.29 million, a PE ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.0945 per share. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust International IPO ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FPXI. Susquehanna International Group LLP grew its stake 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 buying an additional 14,330 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of First Trust International IPO ETF during the third quarter worth about $1,915,000. Jane Street Group LLC grew its position in shares of First Trust International IPO ETF by 104.3% during the third quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock worth $1,706,000 after acquiring an additional 18,015 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust International IPO ETF by 3.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 30,082 shares of the company’s stock worth $1,416,000 after acquiring an additional 1,113 shares during the period. Finally, WealthCare Investment Partners LLC lifted its position in First Trust International IPO ETF by 3.4% in the 3rd quarter. WealthCare Investment Partners LLC now owns 28,737 shares of the company’s stock valued at $1,372,000 after purchasing an additional 952 shares during the last quarter.

About First Trust International IPO 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.