Short Interest in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Grows By 79.0%

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 44,933 shares, an increase of 79.0% from the January 15th total of 25,105 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average trading volume of 11,344 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 11,344 shares, the short-interest ratio is presently 4.0 days. Approximately 1.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust International Equity Opportunities ETF

Several hedge funds have recently bought and sold shares of FPXI. LPL Financial LLC boosted its stake in shares of First Trust International Equity Opportunities ETF by 6.3% during the fourth quarter. LPL Financial LLC now owns 440,651 shares of the company’s stock valued at $26,060,000 after acquiring an additional 26,065 shares during the last quarter. Wells Fargo & Company MN boosted its position in 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 worth $8,381,000 after acquiring an additional 2,612 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust International Equity Opportunities ETF by 1,460.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,866 shares of the company’s stock valued at $6,202,000 after acquiring an additional 98,145 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of First Trust International Equity Opportunities ETF by 24.3% during the 3rd quarter. Susquehanna International Group LLP now owns 77,996 shares of the company’s stock worth $4,674,000 after purchasing an additional 15,236 shares during the period. Finally, CWM LLC grew its position in shares of First Trust International Equity Opportunities ETF by 9.2% in the third quarter. CWM LLC now owns 50,238 shares of the company’s stock valued at $3,011,000 after purchasing an additional 4,241 shares during the period.

First Trust International Equity Opportunities ETF Price Performance

FPXI traded up $0.94 during trading on Friday, reaching $67.29. 11,478 shares of the stock were exchanged, compared to its average volume of 14,483. First Trust International Equity Opportunities ETF has a 1 year low of $41.17 and a 1 year high of $67.87. The company has a market capitalization of $164.86 million, a price-to-earnings ratio of 26.06 and a beta of 0.90. The business’s 50 day moving average price is $62.38 and its two-hundred day moving average price is $60.10.

First Trust International Equity Opportunities ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.0686 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, December 12th.

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.