Short Interest in First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Expands By 20.0%

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 600 shares, a growth of 20.0% from the February 13th total of 500 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.6 days.

First Trust IPOX Europe Equity Opportunities ETF Stock Performance

FPXE traded up $0.21 during trading on Wednesday, hitting $27.13. 294 shares of the stock were exchanged, compared to its average volume of 998. The firm has a market cap of $4.07 million, a price-to-earnings ratio of 22.79 and a beta of 1.00. The firm has a 50 day simple moving average of $27.09 and a 200 day simple moving average of $26.54. First Trust IPOX Europe Equity Opportunities ETF has a 1 year low of $23.38 and a 1 year high of $28.48.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in First Trust IPOX Europe Equity Opportunities ETF by 2.4% during the 4th quarter. Jane Street Group LLC now owns 40,416 shares of the company’s stock valued at $1,033,000 after acquiring an additional 942 shares in the last quarter. Coppell Advisory Solutions LLC bought a new stake in First Trust IPOX Europe Equity Opportunities ETF during the 4th quarter valued at $128,000. Finally, REAP Financial Group LLC bought a new stake in First Trust IPOX Europe Equity Opportunities ETF during the 4th quarter valued at $38,000.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.