First Trust Innovation Leaders ETF (NYSEARCA:ILDR) Short Interest Update

First Trust Innovation Leaders ETF (NYSEARCA:ILDR) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 55,334 shares, an increase of 75.5% from the April 15th total of 31,533 shares. Based on an average daily trading volume, of 39,071 shares, the short-interest ratio is currently 1.4 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Trading of First Trust Innovation Leaders ETF

Large investors have recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new stake in First Trust Innovation Leaders ETF during the 4th quarter worth $40,000. Bank of America Corp DE boosted its stake in First Trust Innovation Leaders ETF by 328.5% during the 3rd quarter. Bank of America Corp DE now owns 2,794 shares of the company’s stock worth $90,000 after purchasing an additional 2,142 shares during the period. Golden State Wealth Management LLC acquired a new stake in First Trust Innovation Leaders ETF during the 3rd quarter worth $113,000. Triumph Capital Management acquired a new stake in First Trust Innovation Leaders ETF during the 3rd quarter worth $136,000. Finally, Geneos Wealth Management Inc. acquired a new stake in First Trust Innovation Leaders ETF during the 2nd quarter worth $150,000.

First Trust Innovation Leaders ETF Price Performance

Shares of First Trust Innovation Leaders ETF stock traded down $0.42 during trading hours on Monday, hitting $36.56. The company had a trading volume of 12,897 shares, compared to its average volume of 65,757. The company’s 50-day moving average is $32.67 and its two-hundred day moving average is $32.76. First Trust Innovation Leaders ETF has a twelve month low of $25.91 and a twelve month high of $38.02. The company has a market cap of $255.92 million, a P/E ratio of 39.35 and a beta of 1.27.

First Trust Innovation Leaders ETF Company Profile

The First Trust Innovation Leaders ETF (ILDR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks capital appreciation by targeting global companies believed to benefit from scientific and technological innovation. ILDR was launched on May 25, 2021 and is managed by First Trust.