First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Sees Large Drop in Short Interest

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 258 shares, a drop of 85.0% from the September 15th total of 1,725 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,075 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Indxx Global Agriculture ETF Stock Down 1.0%

Shares of FTAG stock opened at $28.29 on Friday. First Trust Indxx Global Agriculture ETF has a 12 month low of $24.98 and a 12 month high of $32.19. The company has a market cap of $13.86 million, a PE ratio of 22.24 and a beta of 0.70. The business’s 50 day moving average is $29.87 and its two-hundred day moving average is $29.52.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.0583 dividend. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.8%. This is a drop from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.1798. The ex-dividend date was Thursday, September 24th.

First Trust Indxx Global Agriculture ETF Company Profile

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.