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

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a large decline in short interest during the month of 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 volume of 13,400 shares, the days-to-cover ratio is presently 1.3 days. Currently, 3.9% of the company’s stock are sold short.

First Trust Eurozone AlphaDEX ETF Stock Down 1.3 %

Shares of First Trust Eurozone AlphaDEX ETF stock traded down $0.60 on Friday, hitting $47.16. 3,102 shares of the company’s stock traded hands, compared to its average volume of 14,209. The firm’s 50-day moving average is $45.23 and its 200 day moving average is $43.01. The stock has a market cap of $21.22 million, a P/E ratio of 10.71 and a beta of 1.07. First Trust Eurozone AlphaDEX ETF has a 52-week low of $39.76 and a 52-week high of $50.59.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid 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%.

Institutional Investors Weigh In On First Trust Eurozone AlphaDEX ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP bought a new position in First Trust Eurozone AlphaDEX ETF during the 4th quarter worth $53,000. HighTower Advisors LLC acquired a new stake in shares of First Trust Eurozone AlphaDEX ETF in the third quarter valued at approximately $210,000. Transamerica Financial Advisors Inc. boosted its position in shares of First Trust Eurozone AlphaDEX ETF by 99,416.7% during the third quarter. Transamerica Financial Advisors Inc. now owns 5,971 shares of the company’s stock worth $262,000 after buying an additional 5,965 shares during the period. LPL Financial LLC raised its stake in First Trust Eurozone AlphaDEX ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 14,614 shares of the company’s stock valued at $592,000 after acquiring an additional 1,493 shares in the last quarter. Finally, Rathbones Group PLC grew its stake in shares of First Trust Eurozone AlphaDEX ETF by 19.0% in the fourth quarter. Rathbones Group PLC now owns 27,975 shares of the company’s stock worth $1,133,000 after purchasing an additional 4,469 shares in the last quarter.

First Trust Eurozone AlphaDEX ETF Company Profile

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.