First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Up 1,075.5% in January

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 10,356 shares, a growth of 1,075.5% from the January 15th total of 881 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 7,115 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 7,115 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of First Trust Active Global Quality Income ETF

A number of large investors have recently bought and sold shares of the company. Prospera Financial Services Inc lifted its position in shares of First Trust Active Global Quality Income ETF by 15.3% during the 4th quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock valued at $930,000 after buying an additional 7,462 shares during the last quarter. Global Retirement Partners LLC bought a new position in First Trust Active Global Quality Income ETF during the fourth quarter worth about $547,000. International Assets Investment Management LLC purchased a new position in shares of First Trust Active Global Quality Income ETF in the fourth quarter worth about $105,000. Susquehanna International Group LLP raised its position in shares of First Trust Active Global Quality Income ETF by 41.2% in the third quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock valued at $718,000 after purchasing an additional 13,099 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of First Trust Active Global Quality Income ETF during the 3rd quarter valued at approximately $170,000.

First Trust Active Global Quality Income ETF Price Performance

Shares of NYSEARCA AGQI traded up $0.04 during mid-day trading on Tuesday, reaching $17.90. 6,908 shares of the company’s stock were exchanged, compared to its average volume of 6,834. The firm has a 50-day moving average price of $16.92 and a two-hundred day moving average price of $16.30. The firm has a market capitalization of $59.61 million, a price-to-earnings ratio of 18.15 and a beta of 0.91. First Trust Active Global Quality Income ETF has a 52 week low of $12.44 and a 52 week high of $17.90.

First Trust Active Global Quality Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.0772 per share. This represents a $0.31 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.