Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Increases By 142.6%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a significant increase in short interest during 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. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 17,600 shares, the short-interest ratio is presently 0.8 days.

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

FID opened at $17.34 on Friday. The company’s 50-day moving average price is $16.77 and its 200 day moving average price is $16.86. First Trust S&P International Dividend Aristocrats ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.78. The firm has a market cap of $84.94 million, a price-to-earnings ratio of 11.89 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, March 27th.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

Several hedge funds have recently made changes to their positions in FID. Armis Advisers LLC acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the fourth quarter worth $371,000. Bank of America Corp DE bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the fourth quarter worth about $119,000. Benjamin Edwards Inc. increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 6.6% in the 4th quarter. Benjamin Edwards Inc. now owns 33,762 shares of the company’s stock worth $550,000 after acquiring an additional 2,105 shares during the period. Coppell Advisory Solutions LLC lifted its position in First Trust S&P International Dividend Aristocrats ETF by 60.3% in the 4th quarter. Coppell Advisory Solutions LLC now owns 29,410 shares of the company’s stock valued at $479,000 after purchasing an additional 11,061 shares during the last quarter. Finally, Entruity Wealth LLC acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the 4th quarter valued at about $3,577,000.

About First Trust S&P International Dividend Aristocrats ETF

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.