First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) Short Interest Up ∞ in July

First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, an increase of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 379 shares, the short-interest ratio is currently 0.0 days.

First Trust Bloomberg Shareholder Yield ETF Trading Down 0.3%

Shares of First Trust Bloomberg Shareholder Yield ETF stock opened at $47.72 on Friday. The business has a 50-day moving average price of $44.48 and a two-hundred day moving average price of $44.13. First Trust Bloomberg Shareholder Yield ETF has a 1-year low of $40.12 and a 1-year high of $47.86. The company has a market cap of $16.70 million, a P/E ratio of 16.89 and a beta of 0.87.

First Trust Bloomberg Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1998 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Bloomberg Shareholder Yield ETF’s previous quarterly dividend of $0.12.

Institutional Investors Weigh In On First Trust Bloomberg Shareholder Yield ETF

A number of hedge funds have recently added to or reduced their stakes in SHRY. RFG Advisory LLC acquired a new position in First Trust Bloomberg Shareholder Yield ETF in the first quarter valued at approximately $350,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Bloomberg Shareholder Yield ETF during the 4th quarter worth approximately $96,000. Susquehanna International Group LLP acquired a new stake in shares of First Trust Bloomberg Shareholder Yield ETF during the 3rd quarter worth approximately $1,628,000. Geneos Wealth Management Inc. increased its stake in shares of First Trust Bloomberg Shareholder Yield ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,400 shares of the company’s stock valued at $59,000 after acquiring an additional 700 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Bloomberg Shareholder Yield ETF in the 2nd quarter valued at $47,000.

First Trust Bloomberg Shareholder Yield ETF Company Profile

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction. SHRY was launched on Jun 20, 2017 and is issued by First Trust.