First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Down 28.3% in January

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 211,085 shares, a drop of 28.3% from the January 15th total of 294,202 shares. Based on an average daily volume of 876,971 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 876,971 shares, the days-to-cover ratio is currently 0.2 days.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.6%

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $119.16 on Friday. The company has a fifty day simple moving average of $107.69 and a 200-day simple moving average of $98.99. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $123.54. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Trading of First Trust RBA American Industrial Renaissance ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Guerra Pan Advisors LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 7.4% in the 2nd quarter. Guerra Pan Advisors LLC now owns 13,429 shares of the company’s stock valued at $1,093,000 after acquiring an additional 923 shares during the period. Bank of Montreal Can acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $100,000. JBR Co Financial Management Inc grew its position in First Trust RBA American Industrial Renaissance ETF by 19.3% during the 3rd quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock worth $3,075,000 after purchasing an additional 5,154 shares during the last quarter. Sage Private Wealth Group LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 16.6% during the 3rd quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after purchasing an additional 27,725 shares during the last quarter. Finally, Guided Capital Wealth Management LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at $5,375,000.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.