First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Short Interest Up 208.3% in January

Posted by Hayley Millar on Jan 30th, 2025

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 25,900 shares, a growth of 208.3% from the December 31st total of 8,400 shares. Based on an average daily trading volume, of 11,400 shares, the short-interest ratio is currently 2.3 days.

First Trust Nasdaq Food & Beverage ETF Stock Up 1.2 %

Shares of First Trust Nasdaq Food & Beverage ETF stock traded up $0.27 during trading on Thursday, hitting $22.83. The stock had a trading volume of 7,739 shares, compared to its average volume of 16,144. The company has a market capitalization of $22.83 million, a PE ratio of 19.00 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a 1 year low of $21.88 and a 1 year high of $26.05. The stock has a 50 day simple moving average of $23.29 and a 200 day simple moving average of $24.32.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.1965 dividend. This is an increase from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust Nasdaq Food & Beverage ETF

A hedge fund recently bought a new stake in First Trust Nasdaq Food & Beverage ETF stock. Jane Street Group LLC acquired a new position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,061 shares of the company’s stock, valued at approximately $258,000. Jane Street Group LLC owned 0.77% of First Trust Nasdaq Food & Beverage ETF as of its most recent SEC filing.

About First Trust Nasdaq Food & Beverage ETF

(Get Free Report)

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.