First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Significant Increase in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 2,119,857 shares, a growth of 48,309.6% from the January 15th total of 4,379 shares. Currently, 32.9% of the shares of the stock are short sold. Based on an average daily volume of 28,986 shares, the short-interest ratio is currently 73.1 days. Based on an average daily volume of 28,986 shares, the short-interest ratio is currently 73.1 days. Currently, 32.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

A number of large investors have recently modified their holdings of FID. Ameritas Advisory Services LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 2nd quarter worth approximately $30,000. Osaic Holdings Inc. lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 103.1% in the second quarter. Osaic Holdings Inc. now owns 79,882 shares of the company’s stock worth $1,535,000 after purchasing an additional 40,548 shares during the last quarter. Coppell Advisory Solutions LLC lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 81.5% in the second quarter. Coppell Advisory Solutions LLC now owns 92,585 shares of the company’s stock worth $1,759,000 after purchasing an additional 41,562 shares during the last quarter. Entruity Wealth LLC lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 1.6% in the second quarter. Entruity Wealth LLC now owns 236,259 shares of the company’s stock worth $4,541,000 after purchasing an additional 3,663 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 68.5% during the second quarter. Cetera Investment Advisers now owns 110,731 shares of the company’s stock valued at $2,128,000 after buying an additional 45,023 shares during the last quarter.

First Trust S&P International Dividend Aristocrats ETF Price Performance

Shares of NASDAQ:FID traded up $0.05 on Tuesday, hitting $22.14. The company’s stock had a trading volume of 35,253 shares, compared to its average volume of 26,431. The company has a market capitalization of $142.80 million, a PE ratio of 13.94 and a beta of 0.65. The company has a 50-day simple moving average of $20.83 and a 200 day simple moving average of $20.21. First Trust S&P International Dividend Aristocrats ETF has a 1 year low of $15.79 and a 1 year high of $22.18.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.3031 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.18.

About First Trust S&P International Dividend Aristocrats ETF

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth. FID was launched on Aug 23, 2013 and is managed by First Trust.