First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Update

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 888 shares, an increase of 161.2% from the July 15th total of 340 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,305 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN raised its position in First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% in the fourth quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 448 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the first quarter worth about $141,000. Vertex Planning Partners LLC acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at approximately $208,000. Prospera Financial Services Inc acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at approximately $215,000. Finally, Jane Street Group LLC bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at approximately $224,000.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

Shares of NASDAQ:LEGR opened at $66.90 on Friday. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $52.97 and a 52-week high of $67.72. The company has a market capitalization of $133.80 million, a PE ratio of 14.62 and a beta of 0.87. The company has a fifty day moving average of $64.88 and a 200-day moving average of $62.71.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.6211 per share. The ex-dividend date was Thursday, June 25th. This represents a $2.48 dividend on an annualized basis and a yield of 3.7%. This is an increase from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.