First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Short Interest Down 64.8% in March

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 17,700 shares, a decline of 64.8% from the February 28th total of 50,300 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is currently 1.3 days. Currently, 3.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter worth approximately $2,277,000. Susquehanna International Group LLP grew its position in First Trust Eurozone AlphaDEX ETF by 75.2% in the fourth quarter. Susquehanna International Group LLP now owns 55,788 shares of the company’s stock worth $2,260,000 after acquiring an additional 23,948 shares during the period. Jane Street Group LLC increased its stake in First Trust Eurozone AlphaDEX ETF by 139.8% during the third quarter. Jane Street Group LLC now owns 39,096 shares of the company’s stock worth $1,710,000 after acquiring an additional 22,792 shares during the last quarter. Transamerica Financial Advisors Inc. raised its position in First Trust Eurozone AlphaDEX ETF by 99,416.7% in the third quarter. Transamerica Financial Advisors Inc. now owns 5,971 shares of the company’s stock valued at $262,000 after purchasing an additional 5,965 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of First Trust Eurozone AlphaDEX ETF in the 3rd quarter valued at $210,000.

First Trust Eurozone AlphaDEX ETF Stock Performance

Shares of NASDAQ:FEUZ traded down $0.60 during midday trading on Friday, reaching $47.16. 3,102 shares of the company’s stock traded hands, compared to its average volume of 14,152. The company has a market cap of $21.22 million, a P/E ratio of 10.71 and a beta of 1.07. The company has a fifty day simple moving average of $45.12 and a two-hundred day simple moving average of $42.98. First Trust Eurozone AlphaDEX ETF has a 1 year low of $39.76 and a 1 year high of $50.59.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.121 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.03%.

About First Trust Eurozone AlphaDEX ETF

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.