First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Short Interest Update

First Trust US Equity Opportunities ETF (NYSEARCA:FPX) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 13,955 shares, a decline of 58.9% from the December 15th total of 33,975 shares. Based on an average trading volume of 22,683 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 22,683 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada grew its stake in First Trust US Equity Opportunities ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock worth $5,736,000 after buying an additional 313 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 1.3% during the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock valued at $977,000 after acquiring an additional 110 shares in the last quarter. Clarus Wealth Advisors acquired a new position in shares of First Trust US Equity Opportunities ETF during the 2nd quarter valued at $211,000. Triumph Capital Management purchased a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter worth $303,000. Finally, Kapstone Financial Advisors LLC acquired a new stake in First Trust US Equity Opportunities ETF in the 2nd quarter valued at $234,000.

First Trust US Equity Opportunities ETF Trading Down 1.2%

NYSEARCA:FPX traded down $2.07 on Wednesday, hitting $167.58. 49,630 shares of the stock were exchanged, compared to its average volume of 37,103. The stock has a fifty day moving average of $164.05 and a 200-day moving average of $158.71. The stock has a market cap of $1.23 billion, a PE ratio of 32.81 and a beta of 1.26. First Trust US Equity Opportunities ETF has a fifty-two week low of $94.13 and a fifty-two week high of $174.68.

First Trust US Equity Opportunities ETF Company Profile

First Trust US IPO Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the IPOX-100 U.S. Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is a modified value-weighted price index measuring the performance of the top 100 United States companies ranked quarterly by market capitalization in the IPOX Global Composite Index. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.