Short Interest in First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Expands By 20.0%

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 600 shares, a growth of 20.0% from the February 13th total of 500 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

First Trust IPOX Europe Equity Opportunities ETF Stock Up 0.8 %

Shares of First Trust IPOX Europe Equity Opportunities ETF stock traded up $0.21 during trading on Wednesday, reaching $27.13. The company’s stock had a trading volume of 294 shares, compared to its average volume of 998. The company has a market cap of $4.07 million, a price-to-earnings ratio of 22.79 and a beta of 1.00. First Trust IPOX Europe Equity Opportunities ETF has a 1-year low of $23.38 and a 1-year high of $28.48. The company has a 50-day simple moving average of $27.09 and a two-hundred day simple moving average of $26.54.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

A number of institutional investors have recently made changes to their positions in the business. REAP Financial Group LLC acquired a new stake in shares of First Trust IPOX Europe Equity Opportunities ETF in the 4th quarter worth $38,000. Jane Street Group LLC boosted its position in shares of First Trust IPOX Europe Equity Opportunities ETF by 2.4% in the 4th quarter. Jane Street Group LLC now owns 40,416 shares of the company’s stock worth $1,033,000 after purchasing an additional 942 shares in the last quarter. Finally, Coppell Advisory Solutions LLC acquired a new stake in shares of First Trust IPOX Europe Equity Opportunities ETF in the 4th quarter worth $128,000.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.