First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Short Interest Update

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 46,538 shares, an increase of 115.7% from the June 15th total of 21,571 shares. Based on an average daily trading volume, of 27,853 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.6% of the company’s shares are short sold.

First Trust S&P International Dividend Aristocrats ETF Stock Performance

FID stock traded up $0.12 on Wednesday, reaching $22.10. The company’s stock had a trading volume of 8,919 shares, compared to its average volume of 27,854. First Trust S&P International Dividend Aristocrats ETF has a 12-month low of $17.91 and a 12-month high of $22.59. The firm has a market cap of $162.44 million, a PE ratio of 13.94 and a beta of 0.57. The business has a fifty day simple moving average of $21.98 and a two-hundred day simple moving average of $21.59.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.385 per share. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05. This represents a $1.54 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Arkadios Wealth Advisors bought a new position in First Trust S&P International Dividend Aristocrats ETF in the 1st quarter worth approximately $15,299,000. Royal Bank of Canada grew its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 170.7% in the first quarter. Royal Bank of Canada now owns 155,806 shares of the company’s stock worth $3,263,000 after acquiring an additional 98,254 shares during the last quarter. Gateway Wealth Partners LLC grew its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 132.1% in the first quarter. Gateway Wealth Partners LLC now owns 148,978 shares of the company’s stock worth $3,120,000 after acquiring an additional 84,787 shares during the last quarter. Ethos Financial Group LLC bought a new position in First Trust S&P International Dividend Aristocrats ETF during the first quarter worth $1,736,000. Finally, LPL Financial LLC boosted its holdings in First Trust S&P International Dividend Aristocrats ETF by 7.9% in the 4th quarter. LPL Financial LLC now owns 1,119,453 shares of the company’s stock valued at $23,005,000 after purchasing an additional 81,728 shares during the period.

First Trust S&P International Dividend Aristocrats ETF Company Profile

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.