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

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 6,360 shares, a decrease of 82.5% from the June 15th total of 36,304 shares. Based on an average daily trading volume, of 205,488 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

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

First Trust STOXX European Select Dividend Index Fund Stock Performance

Shares of NYSEARCA FDD traded up $0.09 during trading on Friday, reaching $18.83. The stock had a trading volume of 63,157 shares, compared to its average volume of 246,528. First Trust STOXX European Select Dividend Index Fund has a fifty-two week low of $15.18 and a fifty-two week high of $20.01. The business’s 50-day moving average price is $19.30 and its 200-day moving average price is $18.55. The company has a market cap of $836.05 million, a P/E ratio of 9.67 and a beta of 0.69.

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.