First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Large Increase in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 14,800 shares, an increase of 142.6% from the February 28th total of 6,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 17,600 shares, the days-to-cover ratio is currently 0.8 days.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.1 %

First Trust S&P International Dividend Aristocrats ETF stock traded down $0.03 during mid-day trading on Friday, hitting $17.34. 23,237 shares of the company were exchanged, compared to its average volume of 13,985. The company has a market capitalization of $84.94 million, a PE ratio of 11.89 and a beta of 0.80. First Trust S&P International Dividend Aristocrats ETF has a 1-year low of $15.18 and a 1-year high of $17.78. The business has a fifty day moving average of $16.77 and a 200 day moving average of $16.87.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 0.81%. The ex-dividend date is Thursday, March 27th.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in First Trust S&P International Dividend Aristocrats ETF during the 4th quarter worth approximately $4,462,000. Entruity Wealth LLC acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the 4th quarter valued at about $3,577,000. Wagner Wealth Management LLC boosted its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 7.8% during the 4th quarter. Wagner Wealth Management LLC now owns 627,638 shares of the company’s stock worth $10,218,000 after acquiring an additional 45,611 shares during the period. LPL Financial LLC increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 757,180 shares of the company’s stock valued at $12,327,000 after purchasing an additional 42,436 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its stake in First Trust S&P International Dividend Aristocrats ETF by 680.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 31,657 shares of the company’s stock valued at $556,000 after buying an additional 27,599 shares during the last quarter.

First Trust S&P International Dividend Aristocrats ETF Company Profile

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.