Short Interest in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Drops By 83.3%

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 100 shares, a drop of 83.3% from the August 31st total of 600 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust International Equity Opportunities ETF

Institutional investors have recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in First Trust International Equity Opportunities ETF during the second quarter valued at $38,000. Atlantic Union Bankshares Corp acquired a new position in First Trust International Equity Opportunities ETF in the 2nd quarter worth about $65,000. NewEdge Advisors LLC grew its holdings in First Trust International Equity Opportunities ETF by 3,945.5% in the first quarter. NewEdge Advisors LLC now owns 2,670 shares of the company’s stock valued at $126,000 after purchasing an additional 2,604 shares during the period. NBC Securities Inc. increased its position in shares of First Trust International Equity Opportunities ETF by 78,980.0% in the first quarter. NBC Securities Inc. now owns 3,954 shares of the company’s stock valued at $186,000 after buying an additional 3,949 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in First Trust International Equity Opportunities ETF in the 1st quarter valued at $205,000.

First Trust International Equity Opportunities ETF Trading Up 0.7%

NASDAQ:FPXI opened at $60.83 on Friday. The company has a market capitalization of $161.20 million, a P/E ratio of 26.06 and a beta of 0.81. First Trust International Equity Opportunities ETF has a 12 month low of $41.17 and a 12 month high of $60.90. The firm has a fifty day simple moving average of $58.03 and a 200-day simple moving average of $53.76.

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.