Short Interest in First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Decreases By 76.9%

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 1,200 shares, a decline of 76.9% from the October 31st total of 5,200 shares. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is currently 0.1 days.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.4 %

FID stock traded up $0.07 during trading on Friday, hitting $17.10. The company had a trading volume of 18,714 shares, compared to its average volume of 15,677. The business has a 50 day moving average of $17.21 and a 200 day moving average of $16.69. The firm has a market capitalization of $81.20 million, a price-to-earnings ratio of 10.95 and a beta of 0.80. First Trust S&P International Dividend Aristocrats ETF has a fifty-two week low of $15.11 and a fifty-two week high of $17.78.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1161 dividend. This represents a $0.46 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the second quarter worth about $29,000. Darwin Wealth Management LLC acquired a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the 3rd quarter worth approximately $58,000. Hilltop Holdings Inc. bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 3rd quarter worth approximately $179,000. Iams Wealth Management LLC lifted its stake in First Trust S&P International Dividend Aristocrats ETF by 20.0% during the third quarter. Iams Wealth Management LLC now owns 13,602 shares of the company’s stock valued at $239,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new stake in First Trust S&P International Dividend Aristocrats ETF during the first quarter worth approximately $237,000.

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.