First Trust Europe AlphaDEX Fund (FEP) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Europe AlphaDEX Fund shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 47,300 shares of FEP short. Learn More on First Trust Europe AlphaDEX Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FEP shares currently have a short interest ratio of 2.0. Learn More on First Trust Europe AlphaDEX Fund's short interest ratio.

First Trust Europe AlphaDEX Fund saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 47,300 shares, a decrease of 30.4% from the previous total of 68,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust Europe AlphaDEX Fund: iShares MSCI Japan Value ETF (0.94%), First Trust Japan AlphaDEX Fund (0.85%), VictoryShares Emerging Markets Value Momentum ETF (0.20%), First Trust MultiCap Growth AlphaDEX Fund (1.16%), First Trust Multi Cap Value AlphaDEX Fund (0.28%), First Trust Switzerland AlphaDEX Fund (1.42%), First Trust Latin America AlphaDEX Fund (3.30%), First Trust Emerging Markets AlphaDEX Fund (0.21%), Principal Value ETF (0.82%), Strive 1000 Growth ETF (2.92%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling FEP is an investing strategy that aims to generate trading profit from First Trust Europe AlphaDEX Fund as its price is falling. FEP shares are trading down $0.75 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust Europe AlphaDEX Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FEP, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FEP, twice per month. The most recent reporting period available is September, 15 2023.