First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Down 59.1% in February

First Trust International IPO ETF (NASDAQ:FPXI) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 900 shares, a drop of 59.1% from the January 31st total of 2,200 shares. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is presently 0.1 days.

First Trust International IPO ETF Stock Performance

FPXI stock traded up $0.07 during mid-day trading on Friday, hitting $49.68. The company had a trading volume of 5,263 shares, compared to its average volume of 11,076. The firm has a market cap of $139.10 million, a PE ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a 12 month low of $41.95 and a 12 month high of $53.16. The stock’s fifty day moving average price is $49.91 and its two-hundred day moving average price is $49.04.

First Trust International IPO ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0945 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust International IPO ETF

Several institutional investors have recently bought and sold shares of the company. Independent Advisor Alliance bought a new stake in shares of First Trust International IPO ETF in the fourth quarter valued at $221,000. OneDigital Investment Advisors LLC bought a new position in shares of First Trust International IPO ETF in the fourth quarter worth $359,000. Arkadios Wealth Advisors grew its holdings in First Trust International IPO ETF by 4.6% during the 3rd 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. US Bancorp DE grew its stake in First Trust International IPO ETF by 3.1% during the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock valued at $537,000 after acquiring an additional 336 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of First Trust International IPO ETF by 7.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,128 shares of the company’s stock valued at $808,000 after purchasing an additional 1,135 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.