Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Decreases By 85.2%

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 91 shares, a decline of 85.2% from the June 15th total of 615 shares. Based on an average daily volume of 3,274 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Indxx Global Agriculture ETF

A number of institutional investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in shares of First Trust Indxx Global Agriculture ETF in the 2nd quarter valued at about $305,000. Virtu Financial LLC raised its holdings in First Trust Indxx Global Agriculture ETF by 8.1% in the 3rd quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after purchasing an additional 1,007 shares during the period. Commonwealth Equity Services LLC boosted its position in First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after purchasing an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its position in First Trust Indxx Global Agriculture ETF by 28.8% during the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after purchasing an additional 10,056 shares in the last quarter.

First Trust Indxx Global Agriculture ETF Stock Performance

NASDAQ FTAG traded up $0.12 during mid-day trading on Friday, reaching $29.08. 6,223 shares of the stock were exchanged, compared to its average volume of 7,064. The company has a market capitalization of $14.25 million, a P/E ratio of 22.24 and a beta of 0.66. The business’s 50 day moving average is $29.09 and its 200-day moving average is $28.93. First Trust Indxx Global Agriculture ETF has a 1 year low of $24.98 and a 1 year high of $31.13.

First Trust Indxx Global Agriculture ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1798 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, June 25th.

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.