Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Drops By 22.4%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 25,000 shares, a drop of 22.4% from the December 31st total of 32,200 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 1.9 days.

Institutional Investors Weigh In On First Trust S&P International Dividend Aristocrats ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 3rd quarter valued at about $58,000. Hilltop Holdings Inc. acquired a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 3rd quarter valued at $179,000. Iams Wealth Management LLC raised its stake in First Trust S&P International Dividend Aristocrats ETF by 20.0% in the 3rd quarter. Iams Wealth Management LLC now owns 13,602 shares of the company’s stock worth $239,000 after acquiring an additional 2,270 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its position in First Trust S&P International Dividend Aristocrats ETF by 20.3% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 18,652 shares of the company’s stock worth $328,000 after acquiring an additional 3,149 shares during the period. Finally, Gateway Wealth Partners LLC grew its stake in First Trust S&P International Dividend Aristocrats ETF by 25.8% during the 3rd quarter. Gateway Wealth Partners LLC now owns 19,363 shares of the company’s stock valued at $340,000 after purchasing an additional 3,970 shares during the last quarter.

First Trust S&P International Dividend Aristocrats ETF Stock Up 0.7 %

FID stock traded up $0.12 during midday trading on Thursday, hitting $16.37. The company’s stock had a trading volume of 10,571 shares, compared to its average volume of 18,665. First Trust S&P International Dividend Aristocrats ETF has a 12 month low of $15.11 and a 12 month high of $17.78. The company has a 50 day moving average of $16.47 and a two-hundred day moving average of $16.77. The firm has a market capitalization of $79.37 million, a price-to-earnings ratio of 10.95 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.2154 dividend. The ex-dividend date was Friday, December 13th.

About First Trust S&P International Dividend Aristocrats ETF

The First Trust S&P International Dividend Aristocrats Fund (FID) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.