First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Short Interest Up 270.7% in July

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 519 shares, a growth of 270.7% from the July 15th total of 140 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,310 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On First Trust Indxx Global Agriculture ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in First Trust Indxx Global Agriculture ETF during the 2nd quarter worth $305,000. Virtu Financial LLC increased its holdings in shares of First Trust Indxx Global Agriculture ETF by 8.1% during the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after purchasing an additional 1,007 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock valued at $768,000 after purchasing an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its holdings in First Trust Indxx Global Agriculture ETF by 28.8% in the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after purchasing an additional 10,056 shares during the period.

First Trust Indxx Global Agriculture ETF Stock Performance

Shares of FTAG traded up $0.22 during midday trading on Friday, hitting $29.20. 495 shares of the stock traded hands, compared to its average volume of 6,294. First Trust Indxx Global Agriculture ETF has a 1-year low of $24.98 and a 1-year high of $31.13. The business’s 50 day moving average price is $29.01 and its two-hundred day moving average price is $29.35. The firm has a market capitalization of $14.31 million, a PE ratio of 22.24 and a beta of 0.66.

First Trust Indxx Global Agriculture ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.1798 dividend. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 annualized dividend and a dividend yield of 2.5%.

First Trust Indxx Global Agriculture ETF Company Profile

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.