First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Short Interest Down 85.7% in July

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 800 shares, a drop of 85.7% from the June 30th total of 5,600 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of First Trust S&P 500 Diversified Dividend Aristocrats ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 1st quarter worth approximately $152,000. Private Portfolio Partners LLC purchased a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 1st quarter worth approximately $309,000. Nations Financial Group Inc. IA ADV purchased a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 1st quarter worth approximately $544,000. Finally, Private Advisor Group LLC purchased a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 1st quarter valued at $734,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Price Performance

Shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF stock remained flat at $32.24 during trading on Thursday. The company had a trading volume of 3,022 shares, compared to its average volume of 5,911. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1 year low of $25.74 and a 1 year high of $33.27. The stock has a market cap of $35.46 million, a PE ratio of 15.51 and a beta of 0.83. The stock has a fifty day moving average of $31.81 and a 200 day moving average of $30.88.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.2222 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.89 annualized dividend and a dividend yield of 2.76%.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Company Profile

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.