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

First Trust International IPO ETF (NASDAQ:FPXI) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 4,300 shares, a growth of 4,200.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.4 days.

First Trust International IPO ETF Stock Up 0.2 %

FPXI stock opened at $50.39 on Thursday. The company has a market cap of $141.09 million, a price-to-earnings ratio of 27.85 and a beta of 0.81. The business has a fifty day simple moving average of $49.04 and a 200-day simple moving average of $48.23. First Trust International IPO ETF has a 52 week low of $41.21 and a 52 week high of $51.41.

First Trust International IPO ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.0945 per share. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust International IPO ETF

A number of large investors have recently modified their holdings of FPXI. Hibernia Wealth Partners LLC purchased a new stake in shares of First Trust International IPO ETF during the 3rd quarter worth about $230,000. Koshinski Asset Management Inc. raised its holdings in First Trust International IPO ETF by 4.0% in the third quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after buying an additional 269 shares during the period. Arkadios Wealth Advisors lifted its position in First Trust International IPO ETF by 4.6% during the third quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock valued at $386,000 after buying an additional 352 shares in the last quarter. Bank of Montreal Can purchased a new stake in First Trust International IPO ETF during the second quarter worth approximately $403,000. Finally, US Bancorp DE increased its position in shares of First Trust International IPO ETF by 3.1% in the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock worth $537,000 after acquiring an additional 336 shares in the last quarter.

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.