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

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 11,063 shares, a growth of 84.0% from the April 15th total of 6,011 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,085 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its position in shares of First Trust Eurozone AlphaDEX ETF by 48.0% during the 4th quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after buying an additional 196 shares during the period. Sound Income Strategies LLC acquired a new stake in First Trust Eurozone AlphaDEX ETF during the 4th quarter valued at $40,000. Royal Bank of Canada acquired a new stake in First Trust Eurozone AlphaDEX ETF during the 1st quarter valued at $46,000. Dunhill Financial LLC increased its holdings in First Trust Eurozone AlphaDEX ETF by 22.5% during the 3rd quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock valued at $58,000 after purchasing an additional 181 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in First Trust Eurozone AlphaDEX ETF during the 3rd quarter valued at $64,000.

First Trust Eurozone AlphaDEX ETF Price Performance

First Trust Eurozone AlphaDEX ETF stock opened at $67.73 on Tuesday. The company has a market capitalization of $142.23 million, a PE ratio of 11.07 and a beta of 0.87. First Trust Eurozone AlphaDEX ETF has a one year low of $52.07 and a one year high of $73.02. The business has a 50 day simple moving average of $64.68 and a 200 day simple moving average of $63.12.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0137 per share. This represents a $0.05 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, March 26th.

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.