Short Interest in First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) Drops By 64.8%

First Trust Eurozone AlphaDEX ETF (NASDAQ:FEUZ) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 17,700 shares, a decrease of 64.8% from the February 28th total of 50,300 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is presently 1.3 days. Approximately 3.9% of the company’s stock are short sold.

First Trust Eurozone AlphaDEX ETF Stock Performance

Shares of NASDAQ:FEUZ opened at $47.80 on Thursday. The business’s 50-day simple moving average is $44.98 and its 200 day simple moving average is $42.95. The company has a market cap of $21.51 million, a P/E ratio of 10.71 and a beta of 1.07. First Trust Eurozone AlphaDEX ETF has a one year low of $39.76 and a one year high of $50.59.

Institutional Trading of First Trust Eurozone AlphaDEX ETF

A number of hedge funds have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in First Trust Eurozone AlphaDEX ETF by 16.0% during the 4th quarter. Jane Street Group LLC now owns 45,334 shares of the company’s stock valued at $1,836,000 after purchasing an additional 6,238 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of First Trust Eurozone AlphaDEX ETF by 75.2% during the fourth quarter. Susquehanna International Group LLP now owns 55,788 shares of the company’s stock valued at $2,260,000 after acquiring an additional 23,948 shares in the last quarter. Rathbones Group PLC increased its position in shares of First Trust Eurozone AlphaDEX ETF by 19.0% during the fourth quarter. Rathbones Group PLC now owns 27,975 shares of the company’s stock worth $1,133,000 after acquiring an additional 4,469 shares during the last quarter. LPL Financial LLC lifted its stake in shares of First Trust Eurozone AlphaDEX ETF by 11.4% in the fourth quarter. LPL Financial LLC now owns 14,614 shares of the company’s stock worth $592,000 after acquiring an additional 1,493 shares in the last quarter. Finally, Allworth Financial LP purchased a new position in First Trust Eurozone AlphaDEX ETF in the fourth quarter valued at about $53,000.

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.