First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Update

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 109,996 shares, a drop of 13.9% from the January 15th total of 127,786 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 109,523 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 109,523 shares, the short-interest ratio is currently 1.0 days. Approximately 0.9% of the company’s stock are short sold.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers grew its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 11.6% during the 4th quarter. Cetera Investment Advisers now owns 46,722 shares of the company’s stock valued at $2,083,000 after buying an additional 4,869 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 40.5% in the fourth quarter. Osaic Holdings Inc. now owns 53,939 shares of the company’s stock worth $2,405,000 after acquiring an additional 15,536 shares during the last quarter. Royal Bank of Canada boosted its stake in First Trust NASDAQ Clean Edge Green Energy Index Fund by 55.7% in the fourth quarter. Royal Bank of Canada now owns 179,386 shares of the company’s stock valued at $8,000,000 after acquiring an additional 64,165 shares during the period. MML Investors Services LLC grew its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 208.9% during the fourth quarter. MML Investors Services LLC now owns 18,200 shares of the company’s stock valued at $812,000 after purchasing an additional 12,309 shares during the last quarter. Finally, Mariner LLC bought a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter valued at approximately $228,000.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

Shares of NASDAQ:QCLN traded up $0.17 during midday trading on Tuesday, reaching $50.71. The company had a trading volume of 68,387 shares, compared to its average volume of 105,232. The stock has a market capitalization of $603.45 million, a P/E ratio of 23.20 and a beta of 1.53. The stock’s fifty day moving average price is $48.10 and its 200-day moving average price is $43.96. First Trust NASDAQ Clean Edge Green Energy Index Fund has a one year low of $24.02 and a one year high of $52.09.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.0442 dividend. This represents a $0.18 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.03.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.