First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Large Drop in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 16,100 shares, a decrease of 27.5% from the August 31st total of 22,200 shares. Based on an average trading volume of 22,500 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 22,500 shares, the short-interest ratio is presently 0.7 days.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.1%

Shares of FID stock opened at $19.83 on Tuesday. First Trust S&P International Dividend Aristocrats ETF has a 12 month low of $15.75 and a 12 month high of $20.19. The company’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $18.88. The firm has a market cap of $121.95 million, a PE ratio of 13.94 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.1784 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Thursday, September 25th.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the fourth quarter valued at approximately $119,000. Janney Montgomery Scott LLC increased its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 10.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 96,793 shares of the company’s stock worth $1,670,000 after purchasing an additional 8,965 shares during the last quarter. Wagner Wealth Management LLC raised its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 5.5% in the 1st quarter. Wagner Wealth Management LLC now owns 662,145 shares of the company’s stock valued at $11,422,000 after purchasing an additional 34,507 shares during the period. Silver Oak Securities Incorporated lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 7.4% in the 1st quarter. Silver Oak Securities Incorporated now owns 23,554 shares of the company’s stock valued at $408,000 after purchasing an additional 1,617 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in First Trust S&P International Dividend Aristocrats ETF by 16.8% during the first quarter. Concurrent Investment Advisors LLC now owns 33,079 shares of the company’s stock worth $571,000 after purchasing an additional 4,769 shares during the period.

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.