First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Update

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 211,085 shares, a decrease of 28.3% from the January 15th total of 294,202 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 876,971 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 876,971 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Trading of First Trust RBA American Industrial Renaissance ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Condor Capital Management boosted its position in First Trust RBA American Industrial Renaissance ETF by 2.1% during the fourth quarter. Condor Capital Management now owns 4,419 shares of the company’s stock worth $435,000 after purchasing an additional 89 shares during the period. Guerra Pan Advisors LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the 4th quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock valued at $1,331,000 after purchasing an additional 108 shares during the period. Archford Capital Strategies LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2.0% during the fourth quarter. Archford Capital Strategies LLC now owns 5,727 shares of the company’s stock valued at $563,000 after acquiring an additional 110 shares during the period. Barnes Wealth Management Group Inc raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.6% in the second quarter. Barnes Wealth Management Group Inc now owns 3,326 shares of the company’s stock valued at $271,000 after acquiring an additional 117 shares during the last quarter. Finally, Summit Investment Advisory Services LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 5.6% in the 4th quarter. Summit Investment Advisory Services LLC now owns 2,409 shares of the company’s stock valued at $237,000 after purchasing an additional 127 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.6%

NASDAQ AIRR traded up $1.89 during trading hours on Friday, hitting $119.16. The company had a trading volume of 487,230 shares, compared to its average volume of 873,084. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $123.54. The firm has a market cap of $8.30 billion, a P/E ratio of 21.40 and a beta of 1.29. The business has a fifty day simple moving average of $107.69 and a 200-day simple moving average of $99.07.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.0276 dividend. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 annualized dividend and a dividend yield of 0.1%.

About First Trust RBA American Industrial Renaissance ETF

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.