First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Down 99.5% in November

First Trust International IPO ETF (NASDAQ:FPXI) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 99.5% from the October 31st total of 65,300 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust International IPO ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hibernia Wealth Partners LLC acquired a new stake in First Trust International IPO ETF during the third quarter worth $230,000. Accel Wealth Management increased its position in shares of First Trust International IPO ETF by 21.4% during the 2nd quarter. Accel Wealth Management now owns 5,488 shares of the company’s stock worth $258,000 after purchasing an additional 968 shares during the last quarter. Advisor OS LLC raised its holdings in First Trust International IPO ETF by 21.5% in the 2nd quarter. Advisor OS LLC now owns 5,648 shares of the company’s stock valued at $266,000 after buying an additional 1,000 shares during the period. Koshinski Asset Management Inc. lifted its position in First Trust International IPO ETF by 4.0% in the third quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after buying an additional 269 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in First Trust International IPO ETF by 4.6% during the third quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock worth $386,000 after buying an additional 352 shares during the period.

First Trust International IPO ETF Stock Performance

Shares of FPXI stock traded down $0.04 on Thursday, hitting $49.81. 8,594 shares of the stock traded hands, compared to its average volume of 12,173. First Trust International IPO ETF has a twelve month low of $40.63 and a twelve month high of $50.27. The firm’s 50-day moving average price is $48.78 and its two-hundred day moving average price is $47.79. The stock has a market capitalization of $141.96 million, a PE ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0444 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.18 annualized dividend and a dividend yield of 0.36%.

About First Trust International IPO ETF

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.