First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Stock Short Interest Report for October

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 22,994 shares, a decline of 86.1% from the September 30th total of 165,173 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 326,311 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of FTXN stock traded down $0.89 during trading hours on Tuesday, hitting $42.44. The company had a trading volume of 26,390 shares, compared to its average volume of 656,383. First Trust Nasdaq Oil & Gas ETF has a 12 month low of $26.90 and a 12 month high of $43.44. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 11.81 and a beta of 0.58. The firm’s fifty day moving average is $40.45 and its 200 day moving average is $36.45.

First Trust Nasdaq Oil & Gas ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.2445 per share. This is a boost from First Trust Nasdaq Oil & Gas ETF’s previous quarterly dividend of $0.1168. The ex-dividend date was Thursday, September 24th. This represents a $0.98 annualized dividend and a dividend yield of 2.3%.

Institutional Trading of First Trust Nasdaq Oil & Gas ETF

Large investors have recently bought and sold shares of the stock. Tudor Financial Inc. acquired a new position in First Trust Nasdaq Oil & Gas ETF during the second quarter worth $860,000. Citadel Advisors LLC lifted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 405.7% during the second quarter. Citadel Advisors LLC now owns 63,049 shares of the company’s stock valued at $2,108,000 after acquiring an additional 50,582 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 27.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 75,224 shares of the company’s stock valued at $2,515,000 after purchasing an additional 16,211 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 785.2% in the 2nd quarter. NewEdge Advisors LLC now owns 18,500 shares of the company’s stock valued at $618,000 after purchasing an additional 16,410 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 3rd quarter valued at $682,000.

First Trust Nasdaq Oil & Gas ETF Company Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.