Short Interest in First Trust Developed International Equity Select ETF (NASDAQ:RNDM) Drops By 71.4%

First Trust Developed International Equity Select ETF (NASDAQ:RNDM) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 600 shares, a decrease of 71.4% from the December 15th total of 2,100 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 0.3 days.

Shares of First Trust Developed International Equity Select ETF stock opened at $55.26 on Friday. First Trust Developed International Equity Select ETF has a 52 week low of $51.57 and a 52 week high of $58.43. The business has a 50 day moving average price of $55.22 and a 200-day moving average price of $56.00.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 31st. Stockholders of record on Monday, December 27th were paid a $0.463 dividend. The ex-dividend date of this dividend was Thursday, December 23rd. This is an increase from First Trust Developed International Equity Select ETF’s previous quarterly dividend of $0.21. This represents a $1.85 annualized dividend and a dividend yield of 3.35%.

Institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP raised its stake in shares of First Trust Developed International Equity Select ETF by 27.0% in the second quarter. Susquehanna International Group LLP now owns 33,607 shares of the company’s stock worth $1,869,000 after purchasing an additional 7,144 shares during the last quarter. Strategic Blueprint LLC purchased a new stake in shares of First Trust Developed International Equity Select ETF in the second quarter worth approximately $130,000. SignalPoint Asset Management LLC raised its stake in shares of First Trust Developed International Equity Select ETF by 44.9% in the third quarter. SignalPoint Asset Management LLC now owns 49,378 shares of the company’s stock worth $2,692,000 after purchasing an additional 15,311 shares during the last quarter. LPL Financial LLC increased its position in shares of First Trust Developed International Equity Select ETF by 9.6% during the second quarter. LPL Financial LLC now owns 43,914 shares of the company’s stock valued at $2,442,000 after acquiring an additional 3,859 shares during the last quarter. Finally, Financial Advocates Investment Management increased its position in shares of First Trust Developed International Equity Select ETF by 9.0% during the third quarter. Financial Advocates Investment Management now owns 7,381 shares of the company’s stock valued at $402,000 after acquiring an additional 610 shares during the last quarter.

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