Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Declines By 85.2%

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 91 shares, a drop of 85.2% from the June 15th total of 615 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,274 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Indxx Global Agriculture ETF Stock Up 0.1%

Shares of FTAG traded up $0.04 during midday trading on Monday, hitting $29.12. The company’s stock had a trading volume of 2,645 shares, compared to its average volume of 7,030. First Trust Indxx Global Agriculture ETF has a one year low of $24.98 and a one year high of $31.13. The company’s fifty day simple moving average is $29.07 and its two-hundred day simple moving average is $28.97. The stock has a market capitalization of $14.27 million, a price-to-earnings ratio of 22.24 and a beta of 0.66.

First Trust Indxx Global Agriculture ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in shares of First Trust Indxx Global Agriculture ETF in the 2nd quarter valued at approximately $305,000. Virtu Financial LLC boosted its position in First Trust Indxx Global Agriculture ETF by 8.1% in the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after buying an additional 1,007 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after buying an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its stake 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 valued at $1,163,000 after acquiring an additional 10,056 shares during the last quarter.

First Trust Indxx Global Agriculture ETF Company Profile

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.