First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Short Interest Up 270.7% in July

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 519 shares, a growth of 270.7% from the July 15th total of 140 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,310 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Indxx Global Agriculture ETF Stock Performance

FTAG stock opened at $29.16 on Thursday. First Trust Indxx Global Agriculture ETF has a one year low of $24.98 and a one year high of $31.13. The firm has a market cap of $14.29 million, a price-to-earnings ratio of 22.24 and a beta of 0.66. The firm has a 50-day simple moving average of $29.00 and a two-hundred day simple moving average of $29.34.

First Trust Indxx Global Agriculture ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1798 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 dividend on an annualized basis and a yield of 2.5%.

Institutional Investors Weigh In On First Trust Indxx Global Agriculture ETF

Several institutional investors have recently bought and sold shares of FTAG. Jane Street Group LLC acquired a new position in shares of First Trust Indxx Global Agriculture ETF during the second quarter worth $305,000. Virtu Financial LLC lifted its holdings in shares of First Trust Indxx Global Agriculture ETF by 8.1% during the 3rd quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after purchasing an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of First Trust Indxx Global Agriculture ETF by 14.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after purchasing an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of First Trust Indxx Global Agriculture ETF by 28.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after purchasing an additional 10,056 shares in the last quarter.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.