Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Expands By 98.8%

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 159 shares, a growth of 98.8% from the August 15th total of 80 shares. Based on an average daily trading volume, of 1,467 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

First Trust Indxx Global Agriculture ETF Trading Down 1.3%

FTAG traded down $0.39 during trading on Wednesday, hitting $30.20. 12,371 shares of the company traded hands, compared to its average volume of 6,055. The company has a market cap of $3.02 million, a PE ratio of 22.24 and a beta of 0.67. The stock’s 50-day simple moving average is $29.85 and its two-hundred day simple moving average is $29.47. First Trust Indxx Global Agriculture ETF has a 1 year low of $24.98 and a 1 year high of $32.19.

First Trust Indxx Global Agriculture ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.1798 per share. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.4%.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.