First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Shares Shorted: Short Interest Down 90.1% in October

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 3,730 shares, a drop of 90.1% from the October 15th total of 37,634 shares. Based on an average daily trading volume, of 28,205 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust S&P International Dividend Aristocrats ETF

Several large investors have recently added to or reduced their stakes in FID. Arkadios Wealth Advisors purchased a new position in First Trust S&P International Dividend Aristocrats ETF during the 1st quarter worth $15,299,000. D.A. Davidson & CO. bought a new position in First Trust S&P International Dividend Aristocrats ETF during the 3rd quarter worth about $5,886,000. Royal Bank of Canada increased its position in First Trust S&P International Dividend Aristocrats ETF by 170.7% during the 1st quarter. Royal Bank of Canada now owns 155,806 shares of the company’s stock valued at $3,263,000 after purchasing an additional 98,254 shares during the period. Gateway Wealth Partners LLC raised its holdings in shares of First Trust S&P International Dividend Aristocrats ETF by 132.1% in the 1st quarter. Gateway Wealth Partners LLC now owns 148,978 shares of the company’s stock valued at $3,120,000 after purchasing an additional 84,787 shares in the last quarter. Finally, Ethos Financial Group LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF in the 1st quarter valued at about $1,736,000.

First Trust S&P International Dividend Aristocrats ETF Stock Down 0.5%

NASDAQ FID traded down $0.12 on Wednesday, reaching $22.23. The company had a trading volume of 2,634 shares, compared to its average volume of 22,548. The stock has a market capitalization of $167.84 million, a PE ratio of 14.33 and a beta of 0.59. First Trust S&P International Dividend Aristocrats ETF has a 12 month low of $19.83 and a 12 month high of $24.47. The firm’s 50 day moving average price is $22.57 and its 200 day moving average price is $22.11.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.1570 dividend. The ex-dividend date was Thursday, September 24th. This is a negative change from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.3850. This represents a $0.63 annualized dividend and a dividend yield of 2.8%.

First Trust S&P International Dividend Aristocrats ETF Company Profile

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.