First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Short Interest Update

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 28,518 shares, a growth of 66.7% from the April 30th total of 17,104 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,739 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

Institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter worth about $30,000. Arkadios Wealth Advisors purchased a new position in First Trust S&P International Dividend Aristocrats ETF in the 1st quarter valued at about $15,299,000. Royal Bank of Canada boosted its holdings in First Trust S&P International Dividend Aristocrats ETF by 170.7% in the 1st quarter. Royal Bank of Canada now owns 155,806 shares of the company’s stock worth $3,263,000 after buying an additional 98,254 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in First Trust S&P International Dividend Aristocrats ETF by 132.1% during the 1st quarter. Gateway Wealth Partners LLC now owns 148,978 shares of the company’s stock worth $3,120,000 after buying an additional 84,787 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in First Trust S&P International Dividend Aristocrats ETF by 1.1% during the 1st quarter. Cetera Investment Advisers now owns 112,461 shares of the company’s stock worth $2,355,000 after buying an additional 1,239 shares in the last quarter.

First Trust S&P International Dividend Aristocrats ETF Price Performance

Shares of FID stock opened at $22.36 on Friday. First Trust S&P International Dividend Aristocrats ETF has a 1-year low of $17.91 and a 1-year high of $22.59. The company has a market cap of $164.35 million, a price-to-earnings ratio of 13.94 and a beta of 0.57. The stock has a 50 day simple moving average of $21.72 and a 200-day simple moving average of $21.29.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0467 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.19 dividend on an annualized basis and a yield of 0.8%.

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. FID was launched on Aug 23, 2013 and is managed by First Trust.