Short Interest in First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Declines By 40.7%

Posted by Joseph Griffin on Apr 13th, 2026

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 11,096 shares, a decrease of 40.7% from the March 15th total of 18,725 shares. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Trading of First Trust NASDAQ ABA Community Bank Index Fund

Several institutional investors and hedge funds have recently modified their holdings of QABA. Kestra Advisory Services LLC purchased a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter valued at about $73,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter valued at about $75,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust NASDAQ ABA Community Bank Index Fund by 178.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,257 shares of the company’s stock valued at $128,000 after purchasing an additional 1,447 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter valued at about $364,000. Finally, Jane Street Group LLC purchased a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the second quarter valued at about $364,000.

First Trust NASDAQ ABA Community Bank Index Fund Stock Performance

QABA traded down $1.01 on Monday, hitting $61.24. 1,208 shares of the company were exchanged, compared to its average volume of 9,941. The business’s fifty day moving average is $59.78 and its 200 day moving average is $57.74. First Trust NASDAQ ABA Community Bank Index Fund has a fifty-two week low of $45.33 and a fifty-two week high of $64.25. The firm has a market capitalization of $76.55 million, a P/E ratio of 13.59 and a beta of 0.77.

First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.3419 dividend. This represents a $1.37 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

(Get Free Report)

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.