First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) Short Interest Down 52.9% in December

First Trust Dow Jones Global Select Dividend Index Fund (NYSEARCA:FGD) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 27,061 shares, a decrease of 52.9% from the December 15th total of 57,465 shares. Based on an average daily trading volume, of 123,675 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 123,675 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On First Trust Dow Jones Global Select Dividend Index Fund

Several large investors have recently added to or reduced their stakes in the business. Turning Point Benefit Group Inc. purchased a new position in First Trust Dow Jones Global Select Dividend Index Fund in the third quarter worth approximately $54,000. TD Capital Management LLC acquired a new stake in shares of First Trust Dow Jones Global Select Dividend Index Fund in the 3rd quarter valued at $67,000. Atlantic Union Bankshares Corp purchased a new stake in shares of First Trust Dow Jones Global Select Dividend Index Fund during the 2nd quarter worth $105,000. Root Financial Partners LLC purchased a new stake in shares of First Trust Dow Jones Global Select Dividend Index Fund during the 3rd quarter worth $133,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of First Trust Dow Jones Global Select Dividend Index Fund during the third quarter worth $151,000.

First Trust Dow Jones Global Select Dividend Index Fund Price Performance

Shares of NYSEARCA:FGD traded up $0.31 during midday trading on Wednesday, reaching $30.90. 243,085 shares of the company’s stock were exchanged, compared to its average volume of 251,287. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 9.79 and a beta of 0.76. First Trust Dow Jones Global Select Dividend Index Fund has a fifty-two week low of $21.60 and a fifty-two week high of $30.97. The firm’s 50 day simple moving average is $30.12 and its two-hundred day simple moving average is $29.20.

First Trust Dow Jones Global Select Dividend Index Fund Company Profile

First Trust Dow Jones Global Select Dividend Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Global Select Dividend Index (the Index). The Index is an indicated annual dividend yield weighted index of 100 stocks selected from the developed market portion of the Dow Jones World Index, subject to certain buffers designed to limit turnover. The Index universe is defined as all component companies of the 24 developed-market country indexes in the Dow Jones Global Indexes family.