First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Short Interest Update

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 242 shares, a decrease of 99.2% from the December 15th total of 31,636 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,204 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 9,204 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust Nasdaq Transportation ETF

Hedge funds have recently bought and sold shares of the stock. Maridea Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Transportation ETF during the fourth quarter worth about $1,639,000. Raymond James Financial Inc. purchased a new position in First Trust Nasdaq Transportation ETF in the second quarter worth approximately $527,000. Prospera Financial Services Inc acquired a new position in First Trust Nasdaq Transportation ETF during the 2nd quarter worth approximately $487,000. Citadel Advisors LLC purchased a new stake in shares of First Trust Nasdaq Transportation ETF in the 3rd quarter valued at approximately $539,000. Finally, Susquehanna International Group LLP increased its position in shares of First Trust Nasdaq Transportation ETF by 93.3% in the 3rd quarter. Susquehanna International Group LLP now owns 26,716 shares of the company’s stock valued at $936,000 after purchasing an additional 12,894 shares during the last quarter.

First Trust Nasdaq Transportation ETF Stock Performance

Shares of NASDAQ:FTXR traded down $0.08 during trading on Monday, hitting $40.56. The company’s stock had a trading volume of 2,183 shares, compared to its average volume of 4,755. First Trust Nasdaq Transportation ETF has a fifty-two week low of $25.47 and a fifty-two week high of $40.64. The business has a 50 day moving average price of $37.81 and a two-hundred day moving average price of $35.42. The company has a market capitalization of $34.48 million, a PE ratio of 11.80 and a beta of 1.31.

First Trust Nasdaq Transportation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.1692 per share. This represents a $0.68 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.11.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.