First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Sees Large Increase in Short Interest

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,546 shares, an increase of 88.4% from the November 30th total of 3,475 shares. Based on an average daily volume of 2,081 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 2,081 shares, the days-to-cover ratio is currently 3.1 days.

First Trust Eurozone AlphaDEX ETF Trading Up 0.1%

First Trust Eurozone AlphaDEX ETF stock traded up $0.07 during trading hours on Friday, reaching $61.37. 1,389 shares of the company were exchanged, compared to its average volume of 8,026. First Trust Eurozone AlphaDEX ETF has a 12 month low of $39.84 and a 12 month high of $61.67. The stock has a 50-day moving average of $59.32 and a 200 day moving average of $57.76. The firm has a market cap of $88.98 million, a price-to-earnings ratio of 11.07 and a beta of 0.96.

First Trust Eurozone AlphaDEX ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a dividend of $0.4837 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $1.93 annualized dividend and a dividend yield of 3.2%. This is an increase from First Trust Eurozone AlphaDEX ETF’s previous quarterly dividend of $0.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in First Trust Eurozone AlphaDEX ETF during the third quarter valued at about $64,000. NewEdge Advisors LLC lifted its position in shares of First Trust Eurozone AlphaDEX ETF by 3,241.4% during the 3rd quarter. NewEdge Advisors LLC now owns 36,455 shares of the company’s stock worth $2,143,000 after purchasing an additional 35,364 shares during the last quarter. Susquehanna International Group LLP acquired a new position in shares of First Trust Eurozone AlphaDEX ETF during the 3rd quarter worth about $1,903,000. Flow Traders U.S. LLC boosted its stake in First Trust Eurozone AlphaDEX ETF by 314.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 40,282 shares of the company’s stock valued at $2,368,000 after purchasing an additional 30,552 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in First Trust Eurozone AlphaDEX ETF by 29.1% in the 3rd quarter. Raymond James Financial Inc. now owns 13,823 shares of the company’s stock valued at $812,000 after buying an additional 3,113 shares during the last quarter.

About First Trust Eurozone AlphaDEX ETF

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.