First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Large Drop in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a significant decrease in short interest in August. As of August 15th, there was short interest totalling 6,400 shares, a decrease of 7.2% from the July 31st total of 6,900 shares. Based on an average trading volume of 12,700 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FID. International Assets Investment Management LLC acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the second quarter worth $29,000. Twin Peaks Wealth Advisors LLC boosted its holdings in First Trust S&P International Dividend Aristocrats ETF by 20.1% during the first quarter. Twin Peaks Wealth Advisors LLC now owns 13,950 shares of the company’s stock worth $223,000 after purchasing an additional 2,333 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the first quarter valued at $231,000. Coppell Advisory Solutions Corp. acquired a new stake in First Trust S&P International Dividend Aristocrats ETF in the first quarter valued at $237,000. Finally, Gateway Wealth Partners LLC lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 21.3% in the second quarter. Gateway Wealth Partners LLC now owns 15,393 shares of the company’s stock valued at $242,000 after acquiring an additional 2,706 shares during the last quarter.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.4 %

FID traded down $0.07 during trading hours on Tuesday, hitting $17.05. 8,434 shares of the company’s stock were exchanged, compared to its average volume of 17,417. First Trust S&P International Dividend Aristocrats ETF has a 1-year low of $14.02 and a 1-year high of $17.20. The stock’s 50-day moving average is $16.28 and its two-hundred day moving average is $16.06. The stock has a market cap of $80.14 million, a price-to-earnings ratio of 10.95 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.3378 per share. This represents a $1.35 annualized dividend and a yield of 7.92%. The ex-dividend date was Thursday, June 27th.

First Trust S&P International Dividend Aristocrats ETF Company Profile

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.