First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Up 4,200.0% in December

First Trust International IPO ETF (NASDAQ:FPXI) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 11,700 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On First Trust International IPO ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hibernia Wealth Partners LLC purchased a new stake in shares of First Trust International IPO ETF in the 3rd quarter valued at approximately $230,000. Koshinski Asset Management Inc. grew its stake in shares of First Trust International IPO ETF by 4.0% in the third quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after buying an additional 269 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of First Trust International IPO ETF by 4.6% in 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 during the period. Bank of Montreal Can acquired a new position in First Trust International IPO ETF during the 2nd quarter worth about $403,000. Finally, US Bancorp DE boosted its holdings in First Trust International IPO ETF by 3.1% during the 3rd quarter. US Bancorp DE now owns 11,100 shares of the company’s stock valued at $537,000 after acquiring an additional 336 shares during the period.

First Trust International IPO ETF Stock Down 0.7 %

Shares of NASDAQ:FPXI opened at $47.40 on Tuesday. First Trust International IPO ETF has a 52-week low of $40.77 and a 52-week high of $50.80. The stock has a market cap of $132.72 million, a P/E ratio of 27.85 and a beta of 0.81. The business has a fifty day moving average of $48.91 and a two-hundred day moving average of $48.07.

First Trust International IPO ETF Cuts Dividend

The company also recently disclosed 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 of this dividend was Friday, December 13th.

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.