First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Short Interest Update

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 6,680 shares, a drop of 39.6% from the April 30th total of 11,063 shares. Based on an average daily trading volume, of 7,077 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada purchased a new position in shares of First Trust Eurozone AlphaDEX ETF in the 1st quarter worth about $46,000. First Trust Advisors LP raised its holdings in shares of First Trust Eurozone AlphaDEX ETF by 52.4% in the 1st quarter. First Trust Advisors LP now owns 937,185 shares of the company’s stock worth $58,359,000 after purchasing an additional 322,123 shares during the period. Montag A & Associates Inc. purchased a new position in shares of First Trust Eurozone AlphaDEX ETF in the 1st quarter worth about $200,000. NewEdge Advisors LLC raised its holdings in shares of First Trust Eurozone AlphaDEX ETF by 1.4% in the 4th quarter. NewEdge Advisors LLC now owns 36,968 shares of the company’s stock worth $2,270,000 after purchasing an additional 513 shares during the period. Finally, Hyposwiss Advisors SA purchased a new position in shares of First Trust Eurozone AlphaDEX ETF in the 4th quarter worth about $288,000.

First Trust Eurozone AlphaDEX ETF Trading Down 0.3%

Shares of NASDAQ:FEUZ opened at $68.61 on Tuesday. The stock’s 50-day moving average price is $65.90 and its two-hundred day moving average price is $63.79. First Trust Eurozone AlphaDEX ETF has a 12-month low of $52.96 and a 12-month high of $73.02. The firm has a market cap of $144.08 million, a price-to-earnings ratio of 11.07 and a beta of 0.87.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0137 dividend. This represents a $0.05 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend 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.