First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Up 142.9% in July

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 340 shares, a growth of 142.9% from the June 30th total of 140 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,514 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

NASDAQ:LEGR opened at $63.94 on Tuesday. The company’s 50-day simple moving average is $64.89 and its 200-day simple moving average is $62.30. First Trust Indxx Innovative Transaction & Process ETF has a fifty-two week low of $52.47 and a fifty-two week high of $67.72. The stock has a market capitalization of $127.88 million, a P/E ratio of 14.62 and a beta of 0.87.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.6211 per share. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14. This represents a $2.48 annualized dividend and a dividend yield of 3.9%.

Institutional Investors Weigh In On First Trust Indxx Innovative Transaction & Process ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. grew its position in First Trust Indxx Innovative Transaction & Process ETF by 0.5% during the second quarter. Ameriprise Financial Inc. now owns 40,208 shares of the company’s stock valued at $2,164,000 after buying an additional 186 shares during the period. Cetera Investment Advisers boosted its stake in First Trust Indxx Innovative Transaction & Process ETF by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 4,502 shares of the company’s stock worth $260,000 after purchasing an additional 330 shares during the last quarter. Wells Fargo & Company MN grew its stake in First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% during the 4th quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $27,000 after acquiring an additional 448 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 9.9% in the first quarter. Kestra Advisory Services LLC now owns 5,496 shares of the company’s stock valued at $317,000 after purchasing an additional 494 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 2.7% in the 4th quarter. Osaic Holdings Inc. now owns 22,814 shares of the company’s stock worth $1,358,000 after acquiring an additional 609 shares during the last quarter.

About First Trust Indxx Innovative Transaction & Process ETF

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.