Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Grows By 142.6%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 14,800 shares, an increase of 142.6% from the February 28th total of 6,100 shares. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust S&P International Dividend Aristocrats ETF

Several institutional investors have recently modified their holdings of FID. Bank of America Corp DE bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the 4th quarter valued at approximately $119,000. Hilltop Holdings Inc. bought a new position in First Trust S&P International Dividend Aristocrats ETF during the third quarter valued at $179,000. Atria Investments Inc raised its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 6.8% in the fourth quarter. Atria Investments Inc now owns 15,259 shares of the company’s stock valued at $248,000 after acquiring an additional 969 shares during the period. Compass Capital Corp MA ADV bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 4th quarter worth about $334,000. Finally, Silver Oak Securities Incorporated purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the 4th quarter worth about $356,000.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.5 %

Shares of NASDAQ FID opened at $17.36 on Friday. First Trust S&P International Dividend Aristocrats ETF has a 12-month low of $15.18 and a 12-month high of $17.78. The firm’s 50-day moving average price is $16.75 and its 200-day moving average price is $16.86. The stock has a market capitalization of $85.06 million, a price-to-earnings ratio of 11.89 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be given a dividend of $0.035 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.14 dividend on an annualized basis and a yield of 0.81%.

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.