First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) Short Interest Up 42.8% in September

First Trust S&P International Dividend Aristocrats ETF (NASDAQ:FID) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 26,700 shares, a growth of 42.8% from the August 31st total of 18,700 shares. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 2.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 84,222 shares of the company’s stock worth $1,343,000 after purchasing an additional 1,987 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 2.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 27,869 shares of the company’s stock worth $438,000 after purchasing an additional 667 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of First Trust S&P International Dividend Aristocrats ETF by 2.9% during the first quarter. Commonwealth Equity Services LLC now owns 137,480 shares of the company’s stock worth $2,193,000 after purchasing an additional 3,859 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter worth about $237,000. Finally, Cetera Advisors LLC purchased a new stake in shares of First Trust S&P International Dividend Aristocrats ETF during the first quarter worth about $636,000.

First Trust S&P International Dividend Aristocrats ETF Trading Down 0.3 %

FID traded down $0.06 on Friday, reaching $17.68. The stock had a trading volume of 14,000 shares, compared to its average volume of 16,774. First Trust S&P International Dividend Aristocrats ETF has a 12-month low of $14.02 and a 12-month high of $17.78. The business’s 50-day moving average price is $16.78 and its two-hundred day moving average price is $16.26. The company has a market cap of $83.11 million, a P/E ratio of 10.95 and a beta of 0.80.

First Trust S&P International Dividend Aristocrats ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 26th will be issued a $0.1161 dividend. The ex-dividend date is Thursday, September 26th. This represents a $0.46 dividend on an annualized basis and a yield of 2.63%.

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.