First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Sees Large Growth in Short Interest

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,800 shares, an increase of 7.7% from the September 15th total of 2,600 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FEUZ. World Equity Group Inc. acquired a new stake in First Trust Eurozone AlphaDEX ETF during the second quarter worth about $709,000. Unique Wealth Strategies LLC purchased a new stake in shares of First Trust Eurozone AlphaDEX ETF in the 2nd quarter valued at approximately $186,000. Rathbones Group PLC increased its holdings in shares of 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 buying an additional 3,611 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 2nd quarter valued at approximately $1,985,000.

First Trust Eurozone AlphaDEX ETF Price Performance

FEUZ opened at $43.00 on Friday. The firm has a market capitalization of $62.35 million, a price-to-earnings ratio of 9.97 and a beta of 1.07. The company’s 50 day simple moving average is $43.01 and its two-hundred day simple moving average is $42.91. First Trust Eurozone AlphaDEX ETF has a 1-year low of $34.58 and a 1-year high of $46.94.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.2996 per share. This is an increase from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, September 26th. This represents a $1.20 dividend on an annualized basis and a yield of 2.79%.

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.