First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) Short Interest Up ∞ in July

First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 2 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 379 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust Bloomberg Shareholder Yield ETF

Several institutional investors have recently made changes to their positions in SHRY. Susquehanna International Group LLP bought a new position in shares of First Trust Bloomberg Shareholder Yield ETF in the third quarter worth $1,628,000. RFG Advisory LLC acquired a new position in First Trust Bloomberg Shareholder Yield ETF in the first quarter valued at about $350,000. Kestra Advisory Services LLC bought a new stake in First Trust Bloomberg Shareholder Yield ETF during the fourth quarter worth about $96,000. Raymond James Financial Inc. bought a new stake in First Trust Bloomberg Shareholder Yield ETF during the second quarter worth about $47,000. Finally, Geneos Wealth Management Inc. grew its stake in First Trust Bloomberg Shareholder Yield ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,400 shares of the company’s stock worth $59,000 after buying an additional 700 shares in the last quarter.

First Trust Bloomberg Shareholder Yield ETF Stock Performance

NASDAQ:SHRY opened at $47.72 on Monday. First Trust Bloomberg Shareholder Yield ETF has a 52 week low of $40.12 and a 52 week high of $47.86. The firm’s 50-day simple moving average is $44.48 and its 200 day simple moving average is $44.14. The firm has a market cap of $16.70 million, a price-to-earnings ratio of 16.89 and a beta of 0.87.

First Trust Bloomberg Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.1998 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, June 25th. This is a boost from First Trust Bloomberg Shareholder Yield ETF’s previous quarterly dividend of $0.12.

About First Trust Bloomberg Shareholder Yield ETF

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction. SHRY was launched on Jun 20, 2017 and is issued by First Trust.