Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Rises By 560.0%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 95,690 shares, a growth of 560.0% from the December 15th total of 14,499 shares. Based on an average trading volume of 17,179 shares, the days-to-cover ratio is presently 5.6 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 17,179 shares, the days-to-cover ratio is presently 5.6 days.

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

A number of hedge funds have recently modified their holdings of the company. Harbour Investments Inc. grew its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 7.9% during the 2nd quarter. Harbour Investments Inc. now owns 7,207 shares of the company’s stock worth $139,000 after purchasing an additional 526 shares in the last quarter. AE Wealth Management LLC boosted its stake in First Trust S&P International Dividend Aristocrats ETF by 14.5% during the second quarter. AE Wealth Management LLC now owns 5,103 shares of the company’s stock worth $98,000 after buying an additional 648 shares in the last quarter. Sigma Planning Corp boosted its stake in First Trust S&P International Dividend Aristocrats ETF by 2.5% during the second quarter. Sigma Planning Corp now owns 36,108 shares of the company’s stock worth $694,000 after buying an additional 897 shares in the last quarter. D.A. Davidson & CO. increased its holdings in First Trust S&P International Dividend Aristocrats ETF by 0.4% in the 3rd quarter. D.A. Davidson & CO. now owns 236,431 shares of the company’s stock valued at $4,658,000 after buying an additional 926 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 2.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 33,888 shares of the company’s stock valued at $651,000 after buying an additional 942 shares in the last quarter.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.4%

First Trust S&P International Dividend Aristocrats ETF stock traded up $0.09 during mid-day trading on Wednesday, reaching $20.74. The company had a trading volume of 9,265 shares, compared to its average volume of 29,498. The firm has a market cap of $131.67 million, a price-to-earnings ratio of 13.94 and a beta of 0.65. The company has a 50 day moving average of $20.39 and a 200-day moving average of $19.94. First Trust S&P International Dividend Aristocrats ETF has a 52 week low of $15.79 and a 52 week high of $20.87.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.3031 per share. This represents a $1.21 dividend on an annualized basis and a yield of 5.8%. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, December 12th.

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. FID was launched on Aug 23, 2013 and is managed by First Trust.