First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Significant Increase in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 22,808 shares, a growth of 655.2% from the March 31st total of 3,020 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 18,423 shares, the days-to-cover ratio is presently 1.2 days.

First Trust S&P International Dividend Aristocrats ETF Stock Performance

FID stock traded up $0.13 during trading on Friday, hitting $21.71. 45,657 shares of the company traded hands, compared to its average volume of 35,197. The firm has a market capitalization of $158.48 million, a PE ratio of 13.94 and a beta of 0.58. First Trust S&P International Dividend Aristocrats ETF has a 1 year low of $17.73 and a 1 year high of $22.58. The company has a 50-day moving average of $21.47 and a 200-day moving average of $20.86.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0467 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.19 dividend on an annualized basis and a yield of 0.9%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FID. Jane Street Group LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 1st quarter worth approximately $876,000. Darwin Wealth Management LLC bought a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 2nd quarter worth approximately $62,000. Benjamin Edwards Inc. raised its position in shares of First Trust S&P International Dividend Aristocrats ETF by 2.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 33,888 shares of the company’s stock worth $651,000 after acquiring an additional 942 shares in the last quarter. Osaic Holdings Inc. increased its position in First Trust S&P International Dividend Aristocrats ETF by 103.1% during the 2nd quarter. Osaic Holdings Inc. now owns 79,882 shares of the company’s stock valued at $1,535,000 after buying an additional 40,548 shares in the last quarter. Finally, Wagner Wealth Management LLC increased its position in First Trust S&P International Dividend Aristocrats ETF by 3.7% during the 3rd quarter. Wagner Wealth Management LLC now owns 720,213 shares of the company’s stock valued at $14,188,000 after buying an additional 25,469 shares in 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.