First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Short Interest Up 21.7% in March

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 53,249 shares, an increase of 21.7% from the March 15th total of 43,738 shares. Based on an average daily volume of 11,642 shares, the days-to-cover ratio is presently 4.6 days. Approximately 2.3% of the shares of the company are sold short.

First Trust Eurozone AlphaDEX ETF Stock Down 0.4%

NASDAQ:FEUZ opened at $66.64 on Friday. First Trust Eurozone AlphaDEX ETF has a 12 month low of $46.05 and a 12 month high of $73.02. The firm has a market cap of $153.27 million, a price-to-earnings ratio of 11.07 and a beta of 0.88. The company’s 50 day moving average is $64.35 and its 200-day moving average is $61.86.

First Trust Eurozone AlphaDEX ETF Cuts Dividend

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

Hedge Funds Weigh In On First Trust Eurozone AlphaDEX ETF

Institutional investors have recently made changes to their positions in the business. IFP Advisors Inc increased its stake in shares of First Trust Eurozone AlphaDEX ETF by 48.0% in the fourth quarter. IFP Advisors Inc now owns 604 shares of the company’s stock worth $37,000 after purchasing an additional 196 shares during the period. Sound Income Strategies LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the fourth quarter worth about $40,000. Dunhill Financial LLC increased its stake in shares of First Trust Eurozone AlphaDEX ETF by 22.5% in the third quarter. Dunhill Financial LLC now owns 986 shares of the company’s stock worth $58,000 after purchasing an additional 181 shares during the period. Advisory Services Network LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the third quarter worth about $64,000. Finally, NewEdge Advisors LLC bought a new position in shares of First Trust Eurozone AlphaDEX ETF in the second quarter worth about $60,000.

First Trust Eurozone AlphaDEX ETF Company Profile

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.