First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Sees Significant Growth in Short Interest

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 14,800 shares, an increase of 142.6% from the February 28th total of 6,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 17,600 shares, the short-interest ratio is currently 0.8 days.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.1 %

Shares of FID traded down $0.03 on Friday, hitting $17.34. 23,237 shares of the stock traded hands, compared to its average volume of 13,985. The firm has a market capitalization of $84.94 million, a P/E ratio of 11.89 and a beta of 0.80. First Trust S&P International Dividend Aristocrats ETF has a 1 year low of $15.18 and a 1 year high of $17.78. The stock’s 50 day moving average is $16.77 and its two-hundred day moving average is $16.87.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.14 annualized dividend and a dividend yield of 0.81%.

Hedge Funds Weigh In On First Trust S&P International Dividend Aristocrats ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hilltop Holdings Inc. acquired a new position in First Trust S&P International Dividend Aristocrats ETF during the 3rd quarter valued at approximately $179,000. Commonwealth Equity Services LLC increased its stake in First Trust S&P International Dividend Aristocrats ETF by 1.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 142,301 shares of the company’s stock worth $2,317,000 after purchasing an additional 1,587 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the fourth quarter valued at approximately $4,462,000. Atria Investments Inc boosted its position in shares of First Trust S&P International Dividend Aristocrats ETF by 6.8% in the fourth quarter. Atria Investments Inc now owns 15,259 shares of the company’s stock worth $248,000 after buying an additional 969 shares during the period. Finally, Gateway Wealth Partners LLC increased its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 26.1% in the 4th quarter. Gateway Wealth Partners LLC now owns 24,413 shares of the company’s stock valued at $397,000 after purchasing an additional 5,050 shares during the period.

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.