Short Interest in First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Grows By 1,200.0%

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the October 31st total of 100 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 2.6 days.

First Trust IPOX Europe Equity Opportunities ETF Price Performance

Shares of FPXE stock traded down $0.15 during trading hours on Wednesday, hitting $26.41. The stock had a trading volume of 1,629 shares, compared to its average volume of 776. The stock’s 50 day moving average is $26.33 and its 200 day moving average is $25.96. The firm has a market capitalization of $3.96 million, a PE ratio of 18.76 and a beta of 1.00. First Trust IPOX Europe Equity Opportunities ETF has a twelve month low of $21.34 and a twelve month high of $28.04.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.