Short Interest in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Decreases By 59.7%

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 75,023 shares, a decline of 59.7% from the February 12th total of 186,274 shares. Based on an average trading volume of 630,362 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 630,362 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On First Trust RBA American Industrial Renaissance ETF

Institutional investors have recently added to or reduced their stakes in the stock. Condor Capital Management grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2.1% during the fourth quarter. Condor Capital Management now owns 4,419 shares of the company’s stock worth $435,000 after buying an additional 89 shares during the last quarter. Guerra Pan Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the 4th quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock valued at $1,331,000 after acquiring an additional 108 shares during the last quarter. Archford Capital Strategies LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2.0% during the 4th quarter. Archford Capital Strategies LLC now owns 5,727 shares of the company’s stock valued at $563,000 after acquiring an additional 110 shares in the last quarter. Barnes Wealth Management Group Inc boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.6% during the 2nd quarter. Barnes Wealth Management Group Inc now owns 3,326 shares of the company’s stock valued at $271,000 after acquiring an additional 117 shares in the last quarter. Finally, Summit Investment Advisory Services LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 5.6% during the 4th quarter. Summit Investment Advisory Services LLC now owns 2,409 shares of the company’s stock worth $237,000 after acquiring an additional 127 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.6%

AIRR stock opened at $109.27 on Friday. The stock has a market capitalization of $7.61 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $59.22 and a 12 month high of $123.54. The firm has a 50-day moving average price of $114.01 and a 200-day moving average price of $102.68.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.