First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Short Interest Update

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 25,325 shares, a decline of 34.0% from the December 15th total of 38,394 shares. Based on an average daily volume of 19,617 shares, the short-interest ratio is presently 1.3 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 19,617 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of First Trust NASDAQ-100 Ex-Technology Sector Index Fund

A number of institutional investors have recently added to or reduced their stakes in QQXT. International Assets Investment Management LLC purchased a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 2nd quarter valued at $206,000. Kraft Davis & Associates LLC purchased a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the second quarter worth about $218,000. JPMorgan Chase & Co. bought a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 3rd quarter worth about $228,000. Claro Advisors LLC purchased a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 2nd quarter valued at about $236,000. Finally, Kovack Advisors Inc. bought a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 2nd quarter valued at about $265,000.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Trading Down 0.2%

QQXT opened at $100.49 on Friday. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 12 month low of $83.08 and a 12 month high of $101.41. The company has a market cap of $211.03 million, a PE ratio of 23.20 and a beta of 0.94. The company has a 50 day moving average of $99.36 and a 200 day moving average of $98.99.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.6934 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.15. This represents a $2.77 dividend on an annualized basis and a dividend yield of 2.8%.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Company Profile

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.