First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Sees Large Decrease in Short Interest

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 80 shares, a decline of 84.6% from the July 30th total of 519 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,432 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On First Trust Indxx Global Agriculture ETF

A number of hedge funds have recently modified their holdings of FTAG. Jane Street Group LLC purchased a new position in First Trust Indxx Global Agriculture ETF in the second quarter valued at approximately $305,000. Virtu Financial LLC increased 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 worth $345,000 after buying an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC increased its position in First Trust Indxx Global Agriculture ETF by 14.1% in 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 during the last quarter. Finally, Flow Traders U.S. LLC raised its stake in shares of First Trust Indxx Global Agriculture ETF by 28.8% in the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock valued at $1,163,000 after buying an additional 10,056 shares during the period.

First Trust Indxx Global Agriculture ETF Stock Down 0.0%

FTAG traded down $0.01 during trading on Wednesday, hitting $30.18. 423 shares of the company traded hands, compared to its average volume of 6,065. The firm has a market cap of $14.79 million, a P/E ratio of 22.24 and a beta of 0.66. The stock’s fifty day moving average is $29.21 and its 200 day moving average is $29.40. First Trust Indxx Global Agriculture ETF has a one year low of $24.98 and a one year high of $31.13.

First Trust Indxx Global Agriculture ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.1798 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03.

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.