First Trust International IPO ETF (NASDAQ:FPXI – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 65,300 shares, a growth of 65,200.0% from the October 15th total of 100 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 7.4 days.
First Trust International IPO ETF Stock Down 1.1 %
First Trust International IPO ETF stock traded down $0.54 during mid-day trading on Tuesday, reaching $48.98. The company had a trading volume of 3,115 shares, compared to its average volume of 12,112. The company has a 50 day moving average of $48.28 and a 200-day moving average of $47.52. First Trust International IPO ETF has a 52 week low of $38.69 and a 52 week high of $50.15. The firm has a market cap of $139.59 million, a price-to-earnings ratio of 27.85 and a beta of 0.81.
First Trust International IPO ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0444 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend was Thursday, September 26th.
Hedge Funds Weigh In On First Trust International IPO ETF
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.
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