First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Sees Significant Decline in Short Interest

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totalling 200 shares, a drop of 81.8% from the September 30th total of 1,100 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.2 days.

First Trust IPOX Europe Equity Opportunities ETF Trading Up 0.4 %

Shares of NASDAQ:FPXE traded up $0.10 during mid-day trading on Friday, reaching $26.18. The stock had a trading volume of 1,373 shares, compared to its average volume of 811. The business’s 50 day moving average price is $26.27 and its 200 day moving average price is $25.66. First Trust IPOX Europe Equity Opportunities ETF has a 1 year low of $19.25 and a 1 year high of $28.04. The company has a market cap of $3.93 million, a P/E ratio of 18.76 and a beta of 1.00.

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.