First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Short Interest Update

First Trust International Equity Opportunities ETF (NASDAQ:FPXI) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,941 shares, a decline of 76.2% from the May 31st total of 33,416 shares. Based on an average daily volume of 22,362 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors increased its position in shares of First Trust International Equity Opportunities ETF by 0.9% in the 4th quarter. Arkadios Wealth Advisors now owns 27,228 shares of the company’s stock worth $1,610,000 after purchasing an additional 230 shares during the last quarter. Creative Planning lifted its position in shares of First Trust International Equity Opportunities ETF by 8.4% during the second quarter. Creative Planning now owns 4,813 shares of the company’s stock worth $272,000 after purchasing an additional 375 shares during the last quarter. Royal Bank of Canada lifted its position in shares of First Trust International Equity Opportunities ETF by 2.9% during the first quarter. Royal Bank of Canada now owns 17,311 shares of the company’s stock worth $816,000 after purchasing an additional 494 shares during the last quarter. Impact Partnership Wealth LLC lifted its position in shares of First Trust International Equity Opportunities ETF by 4.6% during the fourth quarter. Impact Partnership Wealth LLC now owns 15,135 shares of the company’s stock worth $895,000 after purchasing an additional 663 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new position in First Trust International Equity Opportunities ETF in the first quarter worth about $46,000.

First Trust International Equity Opportunities ETF Stock Up 1.7%

Shares of First Trust International Equity Opportunities ETF stock traded up $1.35 on Monday, hitting $82.05. 47,400 shares of the company’s stock traded hands, compared to its average volume of 25,550. The stock has a market cap of $213.33 million, a P/E ratio of 26.06 and a beta of 0.98. The firm’s 50-day moving average is $75.35 and its 200 day moving average is $67.69. First Trust International Equity Opportunities ETF has a 52-week low of $53.64 and a 52-week high of $86.63.

First Trust International Equity Opportunities ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a $0.3415 dividend. This is a boost from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05. This represents a $1.37 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, June 25th.

About First Trust International Equity Opportunities ETF

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.