First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Short Interest Update

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 46,538 shares, an increase of 115.7% from the June 15th total of 21,571 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 27,853 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of First Trust S&P International Dividend Aristocrats ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Western Wealth Management LLC bought a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the 1st quarter valued at about $30,000. Triumph Capital Management purchased a new stake in First Trust S&P International Dividend Aristocrats ETF during the 3rd quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in First Trust S&P International Dividend Aristocrats ETF during the 2nd quarter valued at $62,000. Rockefeller Capital Management L.P. increased its position in shares of First Trust S&P International Dividend Aristocrats ETF by 47.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,307 shares of the company’s stock valued at $89,000 after acquiring an additional 1,383 shares during the period. Finally, Asset Allocation Strategies LLC purchased a new position in shares of First Trust S&P International Dividend Aristocrats ETF in the first quarter valued at about $204,000.

First Trust S&P International Dividend Aristocrats ETF Trading Up 0.5%

Shares of NASDAQ:FID traded up $0.12 during mid-day trading on Wednesday, hitting $22.10. 8,919 shares of the company traded hands, compared to its average volume of 27,854. The stock has a market cap of $162.44 million, a P/E ratio of 13.94 and a beta of 0.57. The stock has a 50-day moving average price of $21.98 and a two-hundred day moving average price of $21.59. First Trust S&P International Dividend Aristocrats ETF has a 12-month low of $17.91 and a 12-month high of $22.59.

First Trust S&P International Dividend Aristocrats ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.385 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.54 annualized dividend and a dividend yield of 7.0%. This is an increase from First Trust S&P International Dividend Aristocrats ETF’s previous quarterly dividend of $0.05.

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. FID was launched on Aug 23, 2013 and is managed by First Trust.