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

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 236,200 shares, a decrease of 38.6% from the December 15th total of 384,700 shares. Based on an average trading volume of 506,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On First Trust RBA American Industrial Renaissance ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Smith Thornton Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth about $1,783,000. Redhawk Wealth Advisors Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $16,758,000. Park Avenue Securities LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $1,277,000. SeaCrest Wealth Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $250,000. Finally, Quad Cities Investment Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 24.5% in the fourth quarter. Quad Cities Investment Group LLC now owns 6,254 shares of the company’s stock valued at $482,000 after buying an additional 1,232 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Up 3.6 %

AIRR opened at $80.15 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $53.29 and a 1-year high of $86.95. The stock has a market capitalization of $3.09 billion, a PE ratio of 23.16 and a beta of 1.25. The firm has a 50-day moving average price of $81.50 and a two-hundred day moving average price of $75.50.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.0561 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.