Short Interest in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) Rises By ∞

First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2 shares, an increase of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 379 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust Bloomberg Shareholder Yield ETF

Several institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in First Trust Bloomberg Shareholder Yield ETF in the second quarter valued at $47,000. Geneos Wealth Management Inc. lifted its holdings in First Trust Bloomberg Shareholder Yield ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,400 shares of the company’s stock worth $59,000 after buying an additional 700 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of First Trust Bloomberg Shareholder Yield ETF in the 4th quarter valued at about $96,000. RFG Advisory LLC acquired a new stake in shares of First Trust Bloomberg Shareholder Yield ETF in the first quarter valued at about $350,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of First Trust Bloomberg Shareholder Yield ETF in the third quarter valued at about $1,628,000.

First Trust Bloomberg Shareholder Yield ETF Price Performance

First Trust Bloomberg Shareholder Yield ETF stock opened at $47.72 on Friday. The business has a 50 day moving average of $44.48 and a 200-day moving average of $44.13. First Trust Bloomberg Shareholder Yield ETF has a 1 year low of $40.12 and a 1 year high of $47.86. The company has a market capitalization of $16.70 million, a P/E ratio of 16.89 and a beta of 0.87.

First Trust Bloomberg Shareholder Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.1998 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Bloomberg Shareholder Yield ETF’s previous quarterly dividend of $0.12. This represents a $0.80 annualized dividend and a dividend yield of 1.7%.

About First Trust Bloomberg Shareholder Yield ETF

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction. SHRY was launched on Jun 20, 2017 and is issued by First Trust.