First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Up 4,200.0% in January

First Trust International IPO ETF (NASDAQ:FPXI) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 11,700 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On First Trust International IPO ETF

Large investors have recently made changes to their positions in the business. US Bancorp DE lifted its stake in First Trust International IPO ETF by 3.1% during the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock valued at $537,000 after purchasing an additional 336 shares during the last quarter. Susquehanna International Group LLP lifted its position in shares of First Trust International IPO ETF by 16.7% during the 2nd quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock valued at $4,708,000 after acquiring an additional 14,330 shares during the last quarter. CWM LLC boosted its stake in shares of First Trust International IPO ETF by 1,035.3% during the 3rd quarter. CWM LLC now owns 28,554 shares of the company’s stock worth $1,381,000 after acquiring an additional 26,039 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of First Trust International IPO ETF in the 2nd quarter worth $403,000. Finally, Jane Street Group LLC grew its holdings in shares of First Trust International IPO ETF by 104.3% in the 3rd quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock worth $1,706,000 after acquiring an additional 18,015 shares during the last quarter.

First Trust International IPO ETF Price Performance

Shares of First Trust International IPO ETF stock traded up $0.45 during trading on Tuesday, hitting $50.05. The stock had a trading volume of 6,385 shares, compared to its average volume of 13,520. The business has a fifty day moving average of $48.97 and a two-hundred day moving average of $48.20. First Trust International IPO ETF has a fifty-two week low of $41.21 and a fifty-two week high of $51.41. The firm has a market cap of $140.13 million, a P/E ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0945 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust International IPO 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.