First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Short Interest Up 270.7% in July

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 519 shares, an increase of 270.7% from the July 15th total of 140 shares. Based on an average trading volume of 2,310 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

First Trust Indxx Global Agriculture ETF Stock Performance

NASDAQ FTAG opened at $29.16 on Thursday. The company has a market capitalization of $14.29 million, a price-to-earnings ratio of 22.24 and a beta of 0.66. The company’s 50-day simple moving average is $29.00 and its two-hundred day simple moving average is $29.34. First Trust Indxx Global Agriculture ETF has a one year low of $24.98 and a one year high of $31.13.

First Trust Indxx Global Agriculture ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.1798 per share. This is a boost from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Indxx Global Agriculture ETF

Several institutional investors have recently bought and sold shares of FTAG. Commonwealth Equity Services LLC lifted its holdings in First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after buying an additional 3,615 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of First Trust Indxx Global Agriculture ETF by 28.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock valued at $1,163,000 after acquiring an additional 10,056 shares during the period. Virtu Financial LLC raised its position in shares of First Trust Indxx Global Agriculture ETF by 8.1% in the 3rd quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after acquiring an additional 1,007 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of First Trust Indxx Global Agriculture ETF in the 2nd quarter worth $305,000.

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.