First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Update

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 83,945 shares, a decrease of 17.7% from the February 26th total of 102,048 shares. Based on an average daily trading volume, of 88,770 shares, the short-interest ratio is currently 0.9 days. Approximately 0.7% of the company’s shares are sold short.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Up 6.5%

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund stock opened at $46.47 on Wednesday. The stock’s fifty day simple moving average is $48.81 and its 200 day simple moving average is $46.37. The company has a market capitalization of $552.99 million, a PE ratio of 23.20 and a beta of 1.53. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 12 month low of $24.02 and a 12 month high of $52.30.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.0068 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.1%.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Institutional investors have recently modified their holdings of the business. Private Trust Co. NA bought a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 4th quarter worth approximately $29,000. Ameriflex Group Inc. bought a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter valued at approximately $31,000. Global Retirement Partners LLC lifted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 62.6% in the third quarter. Global Retirement Partners LLC now owns 1,333 shares of the company’s stock valued at $56,000 after buying an additional 513 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the second quarter valued at approximately $50,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the fourth quarter valued at approximately $75,000.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.