First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Sees Significant Decline in Short Interest

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 399 shares, a decline of 65.3% from the November 30th total of 1,149 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 10,802 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 10,802 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Active Global Quality Income ETF

Several large investors have recently added to or reduced their stakes in AGQI. Centric Wealth Management raised its stake in First Trust Active Global Quality Income ETF by 33.3% in the 1st quarter. Centric Wealth Management now owns 34,935 shares of the company’s stock valued at $488,000 after acquiring an additional 8,720 shares during the period. Jane Street Group LLC purchased a new position in shares of First Trust Active Global Quality Income ETF in the first quarter worth about $380,000. Flow Traders U.S. LLC bought a new stake in shares of First Trust Active Global Quality Income ETF in the second quarter valued at approximately $324,000. Osaic Holdings Inc. raised its position in shares of First Trust Active Global Quality Income ETF by 2.2% in the second quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock valued at $569,000 after purchasing an additional 781 shares during the period. Finally, Prospera Financial Services Inc purchased a new stake in shares of First Trust Active Global Quality Income ETF during the 3rd quarter valued at approximately $783,000.

First Trust Active Global Quality Income ETF Stock Up 0.3%

AGQI opened at $16.56 on Friday. First Trust Active Global Quality Income ETF has a twelve month low of $12.44 and a twelve month high of $16.58. The company’s 50-day moving average price is $16.25 and its two-hundred day moving average price is $15.88. The stock has a market cap of $58.46 million, a price-to-earnings ratio of 18.15 and a beta of 0.91.

First Trust Active Global Quality Income ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a $0.0772 dividend. The ex-dividend date is Friday, December 12th. This is a boost from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05. This represents a $0.31 annualized dividend and a dividend yield of 1.9%.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.