Short Interest in First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Grows By 84.0%

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,063 shares, an increase of 84.0% from the April 15th total of 6,011 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 32,085 shares, the days-to-cover ratio is presently 0.3 days.

First Trust Eurozone AlphaDEX ETF Stock Performance

NASDAQ FEUZ opened at $67.19 on Monday. The firm has a 50-day moving average of $64.58 and a 200-day moving average of $63.06. The stock has a market cap of $141.10 million, a PE ratio of 11.07 and a beta of 0.87. First Trust Eurozone AlphaDEX ETF has a 52-week low of $51.38 and a 52-week high of $73.02.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0137 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, March 26th.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

A number of hedge funds have recently modified their holdings of FEUZ. IFP Advisors Inc lifted its stake in shares of First Trust Eurozone AlphaDEX ETF by 48.0% during the 4th quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after buying an additional 196 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 4th quarter worth about $40,000. Dunhill Financial LLC lifted its stake in shares of First Trust Eurozone AlphaDEX ETF by 22.5% during the 3rd quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock worth $58,000 after buying an additional 181 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 2nd quarter worth about $60,000. Finally, Advisory Services Network LLC acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter worth about $64,000.

First Trust Eurozone AlphaDEX ETF Company Profile

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.