Short Interest in First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Increases By 402.6%

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 745,400 shares, an increase of 402.6% from the September 15th total of 148,300 shares. Based on an average daily trading volume, of 96,400 shares, the days-to-cover ratio is presently 7.7 days. Based on an average daily trading volume, of 96,400 shares, the days-to-cover ratio is presently 7.7 days.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

A number of hedge funds have recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the second quarter valued at about $51,373,000. Wealthfront Advisers LLC raised its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 107.7% in the second quarter. Wealthfront Advisers LLC now owns 35,402 shares of the company’s stock valued at $1,157,000 after acquiring an additional 18,359 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,063 shares of the company’s stock valued at $1,261,000 after acquiring an additional 9,175 shares during the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 60.6% in the 1st quarter. Flow Traders U.S. LLC now owns 22,449 shares of the company’s stock worth $642,000 after acquiring an additional 8,470 shares in the last quarter. Finally, Focus Partners Wealth bought a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 1st quarter worth approximately $230,000.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund stock opened at $45.53 on Friday. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 52-week low of $24.02 and a 52-week high of $47.77. The firm has a market capitalization of $546.36 million, a PE ratio of 23.20 and a beta of 1.49. The company’s fifty day moving average price is $40.21 and its two-hundred day moving average price is $34.39.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.0323 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.13 annualized dividend and a dividend yield of 0.3%. This is a boost from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.02.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S.