Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Grows By 115.7%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FIDGet Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 46,538 shares, a growth of 115.7% from the June 15th total of 21,571 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 27,853 shares, the short-interest ratio is currently 1.7 days.

First Trust S&P International Dividend Aristocrats ETF Trading Down 0.2%

First Trust S&P International Dividend Aristocrats ETF stock traded down $0.04 during trading on Thursday, hitting $22.11. The company had a trading volume of 12,847 shares, compared to its average volume of 27,743. The stock has a market cap of $162.51 million, a price-to-earnings ratio of 13.94 and a beta of 0.57. First Trust S&P International Dividend Aristocrats ETF has a 1-year low of $17.91 and a 1-year high of $22.59. The company’s 50 day simple moving average is $21.98 and its 200-day simple moving average is $21.60.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.385 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05. This represents a $1.54 dividend on an annualized basis and a dividend yield of 7.0%.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

Several hedge funds have recently bought and sold shares of FID. Triumph Capital Management acquired a new position in First Trust S&P International Dividend Aristocrats ETF in the 3rd quarter valued at about $30,000. Western Wealth Management LLC acquired a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter worth about $30,000. Darwin Wealth Management LLC purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the second quarter valued at approximately $62,000. Rockefeller Capital Management L.P. boosted its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 47.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,307 shares of the company’s stock valued at $89,000 after purchasing an additional 1,383 shares during the period. Finally, Asset Allocation Strategies LLC acquired a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the first quarter valued at approximately $204,000.

First Trust S&P International Dividend Aristocrats ETF Company Profile

(Get Free Report)

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. FID was launched on Aug 23, 2013 and is managed by First Trust.

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