Short Interest in First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) Increases By 21.8%

First Trust STOXX European Select Dividend Index Fund (NYSEARCA:FDD) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 14,872 shares, a growth of 21.8% from the March 15th total of 12,215 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 184,981 shares, the days-to-cover ratio is presently 0.1 days.

First Trust STOXX European Select Dividend Index Fund Trading Down 0.1%

Shares of FDD stock opened at $19.13 on Friday. The company has a market capitalization of $861.81 million, a PE ratio of 9.67 and a beta of 0.68. The firm has a fifty day simple moving average of $18.20 and a 200-day simple moving average of $17.35. First Trust STOXX European Select Dividend Index Fund has a twelve month low of $13.65 and a twelve month high of $19.31.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in First Trust STOXX European Select Dividend Index Fund during the 2nd quarter valued at $28,000. Triumph Capital Management boosted its stake in First Trust STOXX European Select Dividend Index Fund by 280.0% during the 4th quarter. Triumph Capital Management now owns 1,900 shares of the company’s stock valued at $33,000 after acquiring an additional 1,400 shares during the last quarter. Darwin Wealth Management LLC bought a new position in First Trust STOXX European Select Dividend Index Fund during the 2nd quarter valued at $34,000. N.E.W. Advisory Services LLC bought a new position in First Trust STOXX European Select Dividend Index Fund during the 4th quarter valued at $84,000. Finally, Ameritas Advisory Services LLC boosted its stake in First Trust STOXX European Select Dividend Index Fund by 2,783.3% during the 3rd quarter. Ameritas Advisory Services LLC now owns 6,026 shares of the company’s stock valued at $97,000 after acquiring an additional 5,817 shares during the last quarter.

About First Trust STOXX European Select Dividend Index Fund

First Trust DJ STOXX Select Dividend 30 Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones STOXX Select Dividend 30 Index (the Index). The Index is a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, which includes high-dividend yielding companies across 18 European countries. The universe of stocks consists of dividend-paying companies in the Dow Jones STOXX 600 Index that have a positive five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of 60% or less.