First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Sees Large Growth in Short Interest

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 159 shares, an increase of 98.8% from the August 15th total of 80 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,467 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Indxx Global Agriculture ETF Stock Performance

Shares of FTAG opened at $30.20 on Thursday. The firm has a market cap of $3.02 million, a P/E ratio of 22.24 and a beta of 0.67. First Trust Indxx Global Agriculture ETF has a 52 week low of $24.98 and a 52 week high of $32.19. The firm’s 50-day simple moving average is $29.87 and its 200 day simple moving average is $29.47.

First Trust Indxx Global Agriculture ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.1798 dividend. This is a boost from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, June 25th. This represents a $0.72 annualized dividend and a yield of 2.4%.

About First Trust Indxx Global Agriculture ETF

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.