Short Interest in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Decreases By 14.2%

First Trust US Equity Opportunities ETF (NYSEARCA:FPX) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 1,827 shares, a drop of 14.2% from the February 12th total of 2,130 shares. Based on an average daily trading volume, of 22,892 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 22,892 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Reyes Financial Architecture Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF during the third quarter worth $28,000. Manning & Napier Advisors LLC acquired a new position in First Trust US Equity Opportunities ETF in the 3rd quarter valued at $29,000. Comerica Bank increased its stake in First Trust US Equity Opportunities ETF by 457.6% in the 3rd quarter. Comerica Bank now owns 184 shares of the company’s stock valued at $31,000 after buying an additional 151 shares during the period. Ameriflex Group Inc. purchased a new position in First Trust US Equity Opportunities ETF during the 3rd quarter worth $38,000. Finally, Mather Group LLC. purchased a new position in First Trust US Equity Opportunities ETF during the 3rd quarter worth $40,000.

First Trust US Equity Opportunities ETF Stock Down 0.4%

FPX opened at $164.07 on Thursday. The business has a 50 day moving average price of $165.01 and a two-hundred day moving average price of $163.75. The company has a market cap of $1.21 billion, a PE ratio of 32.81 and a beta of 1.26. First Trust US Equity Opportunities ETF has a 52 week low of $94.13 and a 52 week high of $174.68.

About First Trust US Equity Opportunities ETF

First Trust US IPO Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the IPOX-100 U.S. Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is a modified value-weighted price index measuring the performance of the top 100 United States companies ranked quarterly by market capitalization in the IPOX Global Composite Index. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.