Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Expands By 560.0%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 95,690 shares, a growth of 560.0% from the December 15th total of 14,499 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 17,179 shares, the days-to-cover ratio is currently 5.6 days. Based on an average daily volume of 17,179 shares, the days-to-cover ratio is currently 5.6 days. Currently, 1.5% of the company’s stock are short sold.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.6%

Shares of NASDAQ:FID traded down $0.13 during midday trading on Tuesday, hitting $20.65. The stock had a trading volume of 1,834 shares, compared to its average volume of 30,914. The company has a market cap of $131.13 million, a P/E ratio of 13.94 and a beta of 0.65. First Trust S&P International Dividend Aristocrats ETF has a 12 month low of $15.78 and a 12 month high of $20.87. The business’s 50-day simple moving average is $20.38 and its 200-day simple moving average is $19.93.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.3031 dividend. This is a boost from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 5.9%.

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

Hedge funds have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in First Trust S&P International Dividend Aristocrats ETF during the second quarter worth about $30,000. Triumph Capital Management acquired a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the third quarter valued at approximately $30,000. PNC Financial Services Group Inc. bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the 3rd quarter worth approximately $61,000. Darwin Wealth Management LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF during the 2nd quarter worth approximately $62,000. Finally, AE Wealth Management LLC increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 14.5% during the 2nd quarter. AE Wealth Management LLC now owns 5,103 shares of the company’s stock worth $98,000 after acquiring an additional 648 shares during the last quarter.

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. FID was launched on Aug 23, 2013 and is managed by First Trust.