Short Interest in First Trust International IPO ETF (NASDAQ:FPXI) Grows By 200.0%

Posted by William Tyler on Jun 30th, 2024

First Trust International IPO ETF (NASDAQ:FPXI – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 900 shares, a growth of 200.0% from the May 31st total of 300 shares. Based on an average trading volume of 9,800 shares, the short-interest ratio is presently 0.1 days.

First Trust International IPO ETF Price Performance

Shares of First Trust International IPO ETF stock traded down $0.12 on Friday, hitting $47.06. 8,395 shares of the company’s stock traded hands, compared to its average volume of 14,216. The firm’s 50-day moving average price is $46.90 and its two-hundred day moving average price is $45.02. The stock has a market capitalization of $160.00 million, a PE ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a one year low of $36.02 and a one year high of $48.45.

First Trust International IPO ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.2987 per share. The ex-dividend date was Thursday, June 27th.

Institutional Trading of First Trust International IPO ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. ICA Group Wealth Management LLC bought a new stake in shares of First Trust International IPO ETF during the 4th quarter valued at $34,000. Creekmur Asset Management LLC bought a new stake in shares of First Trust International IPO ETF in the 4th quarter valued at $39,000. Able Wealth Management LLC bought a new stake in shares of First Trust International IPO ETF in the 4th quarter valued at $59,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of First Trust International IPO ETF in the 3rd quarter valued at $209,000. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of First Trust International IPO ETF in the 1st quarter valued at $218,000.

First Trust International IPO ETF Company Profile

(Get Free Report)

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.