First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Significant Increase in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,119,857 shares, a growth of 48,309.6% from the January 15th total of 4,379 shares. Currently, 32.9% of the company’s shares are short sold. Based on an average trading volume of 28,986 shares, the days-to-cover ratio is presently 73.1 days. Based on an average trading volume of 28,986 shares, the days-to-cover ratio is presently 73.1 days. Currently, 32.9% of the company’s shares are short sold.

First Trust S&P International Dividend Aristocrats ETF Stock Performance

NASDAQ:FID traded up $0.05 during midday trading on Tuesday, reaching $22.14. 35,253 shares of the stock traded hands, compared to its average volume of 26,431. The stock has a market capitalization of $142.80 million, a P/E ratio of 13.94 and a beta of 0.65. First Trust S&P International Dividend Aristocrats ETF has a 12 month low of $15.79 and a 12 month high of $22.18. The company has a fifty day moving average of $20.83 and a 200 day moving average of $20.21.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.3031 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.18. This represents a $1.21 annualized dividend and a dividend yield of 5.5%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wagner Wealth Management LLC lifted its holdings in First Trust S&P International Dividend Aristocrats ETF by 6.9% in the 4th quarter. Wagner Wealth Management LLC now owns 769,882 shares of the company’s stock worth $15,821,000 after buying an additional 49,669 shares during the period. Hobart Private Capital LLC raised its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 7.4% during the fourth quarter. Hobart Private Capital LLC now owns 278,845 shares of the company’s stock valued at $5,730,000 after acquiring an additional 19,151 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 13.2% during the second quarter. Envestnet Asset Management Inc. now owns 269,430 shares of the company’s stock valued at $5,178,000 after acquiring an additional 31,385 shares in the last quarter. D.A. Davidson & CO. lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 3.1% in the fourth quarter. D.A. Davidson & CO. now owns 243,802 shares of the company’s stock worth $5,010,000 after acquiring an additional 7,371 shares during the period. Finally, Entruity Wealth LLC boosted its holdings in First Trust S&P International Dividend Aristocrats ETF by 1.4% in the third quarter. Entruity Wealth LLC now owns 239,496 shares of the company’s stock valued at $4,718,000 after acquiring an additional 3,237 shares in the last quarter.

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.