First Trust International IPO ETF (NASDAQ:FPXI) Short Interest Update

First Trust International IPO ETF (NASDAQ:FPXI) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a growth of 1,300.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 19,400 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust International IPO ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in First Trust International IPO ETF by 1,156.1% during the second quarter. Jane Street Group LLC now owns 195,233 shares of the company’s stock worth $8,457,000 after buying an additional 179,690 shares during the period. International Assets Investment Management LLC purchased a new stake in First Trust International IPO ETF during the fourth quarter valued at about $4,420,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust International IPO ETF in the 4th quarter valued at $2,708,000. Atria Wealth Solutions Inc. acquired a new stake in First Trust International IPO ETF in the first quarter valued at approximately $1,697,000. Finally, Mariner LLC acquired a new position in shares of First Trust International IPO ETF in the fourth quarter worth about $1,261,000.

First Trust International IPO ETF Stock Down 0.3 %

NASDAQ FPXI opened at $46.18 on Friday. The firm has a market cap of $180.10 million, a P/E ratio of 24.60 and a beta of 0.81. First Trust International IPO ETF has a 52-week low of $36.02 and a 52-week high of $47.43. The business’s 50-day moving average price is $44.59 and its 200 day moving average price is $41.54.

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.