First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 79,889 shares, a decline of 75.9% from the December 31st total of 332,003 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 319,006 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 319,006 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

First Trust STOXX European Select Dividend Index Fund Stock Performance

Shares of NYSEARCA FDD traded down $0.33 during trading hours on Friday, hitting $18.36. 262,651 shares of the stock were exchanged, compared to its average volume of 329,273. The company’s fifty day simple moving average is $17.38 and its two-hundred day simple moving average is $16.52. The company has a market cap of $772.96 million, a PE ratio of 9.67 and a beta of 0.84. First Trust STOXX European Select Dividend Index Fund has a 1-year low of $11.64 and a 1-year high of $18.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Baird Financial Group Inc. acquired a new position in shares of First Trust STOXX European Select Dividend Index Fund during the first quarter worth $174,000. Royal Bank of Canada raised its position in First Trust STOXX European Select Dividend Index Fund by 38.6% during the 1st quarter. Royal Bank of Canada now owns 25,429 shares of the company’s stock worth $346,000 after purchasing an additional 7,086 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in First Trust STOXX European Select Dividend Index Fund by 588.1% during the 1st quarter. Jones Financial Companies Lllp now owns 27,353 shares of the company’s stock worth $371,000 after buying an additional 23,378 shares during the period. Jane Street Group LLC lifted its holdings in First Trust STOXX European Select Dividend Index Fund by 87.4% during the 1st quarter. Jane Street Group LLC now owns 153,124 shares of the company’s stock worth $2,078,000 after buying an additional 71,433 shares during the period. Finally, Focus Partners Wealth bought a new stake in shares of First Trust STOXX European Select Dividend Index Fund in the 1st quarter valued at about $611,000.

About First Trust STOXX European Select Dividend Index Fund

First Trust DJ STOXX Select Dividend 30 Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.