Short Interest in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Declines By 32.4%

Posted by Lauren Steadman on Apr 20th, 2025

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 2,500 shares, a decrease of 32.4% from the March 15th total of 3,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 45,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FTXN. PNC Financial Services Group Inc. purchased a new position in First Trust Nasdaq Oil & Gas ETF during the fourth quarter valued at approximately $34,000. Geneos Wealth Management Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the 4th quarter worth approximately $45,000. NBC Securities Inc. grew its holdings in First Trust Nasdaq Oil & Gas ETF by 29,916.7% in the 1st quarter. NBC Securities Inc. now owns 1,801 shares of the company’s stock valued at $54,000 after buying an additional 1,795 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 108.1% in the fourth quarter. Global Retirement Partners LLC now owns 2,895 shares of the company’s stock valued at $83,000 after purchasing an additional 1,504 shares during the period. Finally, Huntington National Bank acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the 4th quarter worth approximately $125,000.

First Trust Nasdaq Oil & Gas ETF Stock Up 2.6 %

Shares of NASDAQ FTXN opened at $26.09 on Friday. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $23.43 and a 52 week high of $32.81. The firm has a market cap of $127.84 million, a P/E ratio of 10.93 and a beta of 1.44. The business’s 50 day moving average price is $28.36 and its 200 day moving average price is $29.51.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1747 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.68%.

First Trust Nasdaq Oil & Gas ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.