Short Interest in First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Declines By 39.8%

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 57,465 shares, a decrease of 39.8% from the November 30th total of 95,443 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 105,182 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 105,182 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

First Trust Dow Jones Global Select Dividend Index Fund Trading Down 0.2%

Shares of First Trust Dow Jones Global Select Dividend Index Fund stock traded down $0.07 during trading on Monday, reaching $30.46. The stock had a trading volume of 153,217 shares, compared to its average volume of 152,117. The company has a market capitalization of $980.81 million, a price-to-earnings ratio of 9.79 and a beta of 0.76. The stock has a fifty day moving average price of $29.80 and a two-hundred day moving average price of $28.95. First Trust Dow Jones Global Select Dividend Index Fund has a 52 week low of $21.60 and a 52 week high of $30.79.

Hedge Funds Weigh In On First Trust Dow Jones Global Select Dividend Index Fund

Several hedge funds have recently made changes to their positions in FGD. OLD Mission Capital LLC acquired a new position in First Trust Dow Jones Global Select Dividend Index Fund during the first quarter worth $1,899,000. Rockport Wealth LLC lifted its position in First Trust Dow Jones Global Select Dividend Index Fund by 14.2% during the 1st quarter. Rockport Wealth LLC now owns 21,654 shares of the company’s stock worth $524,000 after buying an additional 2,686 shares in the last quarter. Park National Corp OH boosted its stake in shares of First Trust Dow Jones Global Select Dividend Index Fund by 8.9% during the 2nd quarter. Park National Corp OH now owns 468,517 shares of the company’s stock worth $12,903,000 after buying an additional 38,364 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of First Trust Dow Jones Global Select Dividend Index Fund by 6.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 17,001 shares of the company’s stock worth $468,000 after buying an additional 1,014 shares during the last quarter. Finally, Owen LaRue LLC bought a new position in shares of First Trust Dow Jones Global Select Dividend Index Fund in the 2nd quarter valued at about $2,801,000.

About First Trust Dow Jones Global Select Dividend Index Fund

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.