First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Sees Significant Increase in Short Interest

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 10,356 shares, an increase of 1,075.5% from the January 15th total of 881 shares. Based on an average daily volume of 7,115 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 7,115 shares, the short-interest ratio is presently 1.5 days.

First Trust Active Global Quality Income ETF Price Performance

Shares of NYSEARCA AGQI traded down $0.07 during trading hours on Thursday, hitting $17.90. 9,899 shares of the stock were exchanged, compared to its average volume of 6,855. First Trust Active Global Quality Income ETF has a one year low of $12.44 and a one year high of $18.05. The company’s 50 day moving average is $16.95 and its 200 day moving average is $16.31. The firm has a market capitalization of $59.61 million, a P/E ratio of 18.15 and a beta of 0.91.

First Trust Active Global Quality Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.0772 dividend. This is an increase from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05. This represents a $0.31 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, December 12th.

Hedge Funds Weigh In On First Trust Active Global Quality Income ETF

Several large investors have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its position in First Trust Active Global Quality Income ETF by 2.2% in the second quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock worth $569,000 after purchasing an additional 781 shares during the period. Centric Wealth Management lifted its holdings in shares of First Trust Active Global Quality Income ETF by 5.7% during the 2nd quarter. Centric Wealth Management now owns 36,923 shares of the company’s stock worth $577,000 after acquiring an additional 1,988 shares during the period. UBS Group AG boosted its position in shares of First Trust Active Global Quality Income ETF by 12.2% during the 3rd quarter. UBS Group AG now owns 35,685 shares of the company’s stock valued at $571,000 after acquiring an additional 3,879 shares in the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Active Global Quality Income ETF in the fourth quarter valued at about $105,000. Finally, Prospera Financial Services Inc raised its position in First Trust Active Global Quality Income ETF by 15.3% in the fourth quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock worth $930,000 after purchasing an additional 7,462 shares in the last quarter.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.