First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Up 70.7% in July

Posted by Amy Steele on Aug 18th, 2026

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 175,937 shares, an increase of 70.7% from the July 15th total of 103,094 shares. Based on an average daily trading volume, of 115,932 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the shares of the stock are short sold.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

First Trust NASDAQ Technology Dividend Index Fund stock traded down $1.40 during midday trading on Tuesday, reaching $114.70. 3,843 shares of the stock were exchanged, compared to its average volume of 126,581. The company’s fifty day moving average is $113.36 and its 200-day moving average is $106.86. First Trust NASDAQ Technology Dividend Index Fund has a 52 week low of $89.75 and a 52 week high of $128.50. The firm has a market cap of $4.35 billion, a PE ratio of 25.63 and a beta of 1.16.

First Trust NASDAQ Technology Dividend Index Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.4231 dividend. This represents a $1.69 annualized dividend and a dividend yield of 1.5%. This is a positive change from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.32. The ex-dividend date was Thursday, June 25th.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Several hedge funds have recently bought and sold shares of the stock. Trust Co. of Vermont purchased a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the 2nd quarter valued at $25,000. Root Financial Partners LLC bought a new position in First Trust NASDAQ Technology Dividend Index Fund in the first quarter valued at $33,000. Torren Management LLC purchased a new stake in First Trust NASDAQ Technology Dividend Index Fund during the first quarter valued at about $37,000. Sunbelt Securities Inc. raised its position in First Trust NASDAQ Technology Dividend Index Fund by 65.4% during the first quarter. Sunbelt Securities Inc. now owns 506 shares of the company’s stock valued at $47,000 after purchasing an additional 200 shares in the last quarter. Finally, Birchbrook Inc. bought a new stake in First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter worth about $49,000.

About First Trust NASDAQ Technology Dividend Index Fund

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The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.