First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 27,500 shares, an increase of 35.5% from the August 15th total of 20,300 shares. Based on an average trading volume of 27,000 shares, the days-to-cover ratio is presently 1.0 days.
First Trust Alternative Absolute Return Strategy ETF Stock Down 0.0 %
Shares of NASDAQ FAAR traded down $0.01 during midday trading on Monday, reaching $28.15. 18,814 shares of the company’s stock were exchanged, compared to its average volume of 32,002. First Trust Alternative Absolute Return Strategy ETF has a 52-week low of $27.10 and a 52-week high of $29.73. The business’s fifty day moving average price is $28.45 and its two-hundred day moving average price is $28.53.
First Trust Alternative Absolute Return Strategy ETF Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.2352 dividend. This represents a $0.94 annualized dividend and a yield of 3.34%. The ex-dividend date was Thursday, June 27th.
Institutional Trading of First Trust Alternative Absolute Return Strategy ETF
First Trust Alternative Absolute Return Strategy ETF Company Profile
The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.
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