First Trust Dividend Strength ETF (NASDAQ:FTDS) Short Interest Update

Posted by Charles Blunt on Dec 27th, 2024

First Trust Dividend Strength ETF (NASDAQ:FTDS – Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 9,200 shares, an increase of 666.7% from the November 30th total of 1,200 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 5.4 days.

First Trust Dividend Strength ETF Stock Up 0.4 %

Shares of NASDAQ:FTDS opened at $51.02 on Friday. First Trust Dividend Strength ETF has a fifty-two week low of $44.61 and a fifty-two week high of $55.33. The firm’s 50-day simple moving average is $53.05 and its 200-day simple moving average is $51.34. The company has a market cap of $22.96 million, a price-to-earnings ratio of 13.27 and a beta of 1.12.

First Trust Dividend Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.3427 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Hedge Funds Weigh In On First Trust Dividend Strength ETF

Large investors have recently modified their holdings of the business. Truist Financial Corp purchased a new stake in shares of First Trust Dividend Strength ETF in the second quarter valued at approximately $218,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Dividend Strength ETF during the 2nd quarter worth $88,000. Finally, Disciplined Equity Management Inc. acquired a new position in shares of First Trust Dividend Strength ETF during the 2nd quarter worth $48,000.

First Trust Dividend Strength ETF Company Profile

(Get Free Report)

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio.