First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Short Interest Update

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 14,011 shares, a growth of 120.3% from the June 30th total of 6,360 shares. Based on an average daily volume of 121,750 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

First Trust STOXX European Select Dividend Index Fund Stock Performance

Shares of FDD traded up $0.04 during midday trading on Wednesday, hitting $19.56. 178,596 shares of the stock were exchanged, compared to its average volume of 236,006. First Trust STOXX European Select Dividend Index Fund has a 52-week low of $15.18 and a 52-week high of $20.01. The stock has a fifty day simple moving average of $19.27 and a 200 day simple moving average of $18.71. The firm has a market cap of $866.51 million, a P/E ratio of 9.67 and a beta of 0.69.

Hedge Funds Weigh In On First Trust STOXX European Select Dividend Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new position in First Trust STOXX European Select Dividend Index Fund in the 2nd quarter valued at about $28,000. Triumph Capital Management lifted its position in shares of First Trust STOXX European Select Dividend Index Fund by 280.0% during the fourth quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock worth $33,000 after purchasing an additional 1,400 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of First Trust STOXX European Select Dividend Index Fund during the second quarter worth about $34,000. N.E.W. Advisory Services LLC purchased a new position in shares of First Trust STOXX European Select Dividend Index Fund in the fourth quarter valued at approximately $84,000. Finally, Larson Financial Group LLC purchased a new position in shares of First Trust STOXX European Select Dividend Index Fund in the fourth quarter valued at approximately $119,000.

About First Trust STOXX European Select Dividend Index Fund

First Trust DJ STOXX Select Dividend 30 Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.