Short Interest in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Grows By 54.6%

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 7,709 shares, a growth of 54.6% from the February 12th total of 4,985 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 6,992 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 6,992 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of First Trust International Equity Opportunities ETF

Several institutional investors have recently bought and sold shares of FPXI. NewEdge Advisors LLC increased its stake in First Trust International Equity Opportunities ETF by 1,460.2% during the 4th quarter. NewEdge Advisors LLC now owns 41,329 shares of the company’s stock valued at $2,444,000 after purchasing an additional 38,680 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of First Trust International Equity Opportunities ETF by 15.7% during the fourth quarter. Royal Bank of Canada now owns 25,356 shares of the company’s stock valued at $1,500,000 after buying an additional 3,435 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of First Trust International Equity Opportunities ETF by 40.3% during the fourth quarter. Kestra Advisory Services LLC now owns 49,160 shares of the company’s stock valued at $2,907,000 after buying an additional 14,113 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of First Trust International Equity Opportunities ETF by 0.9% during the fourth quarter. Arkadios Wealth Advisors now owns 27,228 shares of the company’s stock valued at $1,610,000 after acquiring an additional 230 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of First Trust International Equity Opportunities ETF by 1.9% during the fourth quarter. Wells Fargo & Company MN now owns 141,714 shares of the company’s stock valued at $8,381,000 after acquiring an additional 2,612 shares in the last quarter.

First Trust International Equity Opportunities ETF Stock Down 2.0%

Shares of NASDAQ FPXI traded down $1.24 during trading on Friday, reaching $61.70. The company had a trading volume of 3,201 shares, compared to its average volume of 11,516. First Trust International Equity Opportunities ETF has a 12-month low of $41.17 and a 12-month high of $70.00. The stock has a market cap of $151.17 million, a PE ratio of 26.06 and a beta of 0.90. The business’s 50-day moving average is $64.94 and its 200 day moving average is $61.44.

About First Trust International Equity Opportunities 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.