First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Short Interest Update

First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 14,900 shares, a growth of 17.3% from the November 15th total of 12,700 shares. Based on an average daily trading volume, of 31,500 shares, the short-interest ratio is presently 0.5 days.

First Trust Nasdaq Semiconductor ETF Trading Up 2.1 %

NASDAQ:FTXL traded up $1.88 during midday trading on Monday, hitting $92.04. 132,251 shares of the stock were exchanged, compared to its average volume of 132,195. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a one year low of $75.62 and a one year high of $107.74. The business has a 50-day moving average price of $90.72 and a two-hundred day moving average price of $93.22.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.1657 dividend. The ex-dividend date is Friday, December 13th. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. FMR LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF by 81.1% in the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after acquiring an additional 146 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in First Trust Nasdaq Semiconductor ETF in the third quarter worth approximately $49,000. International Assets Investment Management LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF in the second quarter valued at $51,000. GAMMA Investing LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at $54,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust Nasdaq Semiconductor ETF by 24.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after acquiring an additional 185 shares in the last quarter.

About First Trust Nasdaq Semiconductor ETF

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that is based on the Nasdaq US Smart Semiconductor index. The fund tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth. FTXL was launched on Sep 20, 2016 and is managed by First Trust.