First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Sees Significant Increase in Short Interest

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,000 shares, a growth of 17.6% from the October 31st total of 3,400 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Activest Wealth Management acquired a new position in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter worth $35,000. Rathbones Group PLC increased its position in First Trust Eurozone AlphaDEX ETF by 22.4% during the 2nd quarter. Rathbones Group PLC now owns 19,696 shares of the company’s stock worth $817,000 after purchasing an additional 3,611 shares in the last quarter. Unique Wealth Strategies LLC acquired a new position in shares of First Trust Eurozone AlphaDEX ETF during the second quarter worth $186,000. HighTower Advisors LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the 3rd quarter valued at $210,000. Finally, Transamerica Financial Advisors Inc. raised its position in First Trust Eurozone AlphaDEX ETF by 99,416.7% in the third quarter. Transamerica Financial Advisors Inc. now owns 5,971 shares of the company’s stock valued at $262,000 after purchasing an additional 5,965 shares during the last quarter.

First Trust Eurozone AlphaDEX ETF Trading Down 0.7 %

Shares of NASDAQ:FEUZ traded down $0.29 during trading on Tuesday, reaching $40.94. 4,735 shares of the stock were exchanged, compared to its average volume of 7,420. The firm has a market cap of $59.36 million, a PE ratio of 9.97 and a beta of 1.07. The stock has a 50-day moving average price of $42.30 and a 200-day moving average price of $42.72. First Trust Eurozone AlphaDEX ETF has a 12 month low of $38.85 and a 12 month high of $46.94.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.2996 dividend. This is a boost from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.20 annualized dividend and a yield of 2.93%.

About First Trust Eurozone AlphaDEX ETF

The First Trust Eurozone AlphaDEX ETF (FEUZ) is an exchange-traded fund that is based on the Nasdaq AlphaDex Eurozone index. The fund tracks an index of firms operating in the Eurozone, selected by growth and value factors and equal-weighted within tiers. FEUZ was launched on Oct 22, 2014 and is managed by First Trust.