First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Shares Shorted: Short Interest Up 60.5% in September

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,644 shares, a growth of 60.5% from the September 15th total of 1,024 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,208 shares, the days-to-cover ratio is currently 0.4 days.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Up 0.2%

NASDAQ QQXT traded up $0.22 during trading on Friday, hitting $99.48. The company’s stock had a trading volume of 1,557 shares, compared to its average volume of 8,381. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 52 week low of $95.51 and a 52 week high of $105.03. The firm has a market cap of $144.25 million, a P/E ratio of 23.20 and a beta of 0.83. The firm has a 50 day moving average price of $99.98 and a 200 day moving average price of $99.06.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.1919 dividend. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.1870. This represents a $0.77 annualized dividend and a dividend yield of 0.8%.

Hedge Funds Weigh In On First Trust NASDAQ-100 Ex-Technology Sector Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of QQXT. Integrated Wealth Concepts LLC bought a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 2nd quarter valued at $28,000. Citadel Advisors LLC grew its position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% in the 2nd quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock worth $1,908,000 after purchasing an additional 10,209 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% during the 1st quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock worth $354,000 after purchasing an additional 254 shares during the period. Earned Wealth Advisors LLC increased its holdings in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% during the 1st quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock worth $17,776,000 after purchasing an additional 2,345 shares during the period. Finally, Independent Financial Group LLC bought a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter worth about $254,000.

About First Trust NASDAQ-100 Ex-Technology Sector Index Fund

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.