First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Down 98.9% in December

First Trust International IPO ETF (NASDAQ:FPXI) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 98.9% from the November 30th total of 9,500 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is currently 0.0 days.

First Trust International IPO ETF Price Performance

Shares of First Trust International IPO ETF stock traded down $0.08 during trading hours on Friday, reaching $47.82. The company’s stock had a trading volume of 7,357 shares, compared to its average volume of 12,032. The firm has a 50 day moving average price of $49.15 and a 200-day moving average price of $48.04. The stock has a market cap of $136.29 million, a P/E ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a one year low of $40.77 and a one year high of $50.80.

First Trust International IPO ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.0945 per share. The ex-dividend date is Friday, December 13th.

Institutional Investors Weigh In On First Trust International IPO ETF

Several institutional investors have recently modified their holdings of FPXI. Benjamin Edwards Inc. bought a new stake in shares of First Trust International IPO ETF in the 3rd quarter worth about $1,915,000. CWM LLC lifted its stake in First Trust International IPO ETF by 1,035.3% in the third quarter. CWM LLC now owns 28,554 shares of the company’s stock worth $1,381,000 after purchasing an additional 26,039 shares during the last quarter. CoreCap Advisors LLC bought a new stake in First Trust International IPO ETF in the second quarter worth about $875,000. Jane Street Group LLC boosted its position in shares of First Trust International IPO ETF by 104.3% during the third quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock valued at $1,706,000 after buying an additional 18,015 shares during the period. Finally, Susquehanna International Group LLP grew its stake in shares of First Trust International IPO ETF by 16.7% during the second quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock valued at $4,708,000 after buying an additional 14,330 shares during the last quarter.

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.