First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Sees Significant Increase in Short Interest

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 881 shares, a growth of 184.2% from the December 31st total of 310 shares. Based on an average daily volume of 5,276 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,276 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Active Global Quality Income ETF Stock Down 0.1%

Shares of AGQI opened at $17.52 on Thursday. First Trust Active Global Quality Income ETF has a 52-week low of $12.44 and a 52-week high of $17.53. The firm’s fifty day moving average is $16.65 and its two-hundred day moving average is $16.16. The stock has a market cap of $59.22 million, a PE ratio of 18.15 and a beta of 0.91.

First Trust Active Global Quality Income ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.0772 per share. This represents a $0.31 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05.

Institutional Trading of First Trust Active Global Quality Income ETF

Several hedge funds have recently made changes to their positions in the company. Virtu Financial LLC purchased a new stake in First Trust Active Global Quality Income ETF in the 3rd quarter valued at about $170,000. Flow Traders U.S. LLC acquired a new stake in shares of First Trust Active Global Quality Income ETF during the second quarter valued at about $324,000. Jane Street Group LLC purchased a new stake in shares of First Trust Active Global Quality Income ETF in the 1st quarter valued at approximately $380,000. Osaic Holdings Inc. raised its stake in shares of First Trust Active Global Quality Income ETF by 2.2% in the 2nd quarter. Osaic Holdings Inc. now owns 36,966 shares of the company’s stock valued at $569,000 after acquiring an additional 781 shares during the period. Finally, UBS Group AG lifted its holdings in shares of First Trust Active Global Quality Income ETF by 12.2% in the 3rd quarter. UBS Group AG now owns 35,685 shares of the company’s stock worth $571,000 after acquiring an additional 3,879 shares during the last quarter.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.