First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Sees Large Decline in Short Interest

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 399 shares, a decline of 65.3% from the November 30th total of 1,149 shares. Based on an average daily volume of 10,802 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 10,802 shares, the short-interest ratio is presently 0.0 days.

First Trust Active Global Quality Income ETF Stock Up 0.3%

NYSEARCA AGQI traded up $0.05 on Friday, reaching $16.56. 1,205 shares of the stock traded hands, compared to its average volume of 6,604. First Trust Active Global Quality Income ETF has a 12 month low of $12.44 and a 12 month high of $16.58. The company has a market cap of $58.46 million, a price-to-earnings ratio of 18.15 and a beta of 0.91. The firm’s fifty day simple moving average is $16.25 and its 200 day simple moving average is $15.87.

First Trust Active Global Quality Income ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a dividend of $0.0772 per share. The ex-dividend date of this dividend is Friday, December 12th. This is an increase from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05. This represents a $0.31 dividend on an annualized basis and a yield of 1.9%.

Institutional Investors Weigh In On First Trust Active Global Quality Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Prospera Financial Services Inc acquired a new stake in First Trust Active Global Quality Income ETF in the 3rd quarter valued at about $783,000. Jane Street Group LLC bought a new stake in shares of First Trust Active Global Quality Income ETF in the 1st quarter worth approximately $380,000. Flow Traders U.S. LLC acquired a new stake in First Trust Active Global Quality Income ETF during the second quarter valued at approximately $324,000. Susquehanna International Group LLP boosted its holdings in First Trust Active Global Quality Income ETF by 41.2% during the third quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock worth $718,000 after buying an additional 13,099 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in First Trust Active Global Quality Income ETF during the third quarter worth approximately $170,000.

About First Trust Active Global Quality Income ETF

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.