First Trust Indxx NextG ETF (NASDAQ:NXTG – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decline of 88.9% from the September 30th total of 900 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.0 days.
First Trust Indxx NextG ETF Stock Performance
NXTG stock traded up $0.01 during midday trading on Friday, hitting $86.57. 7,697 shares of the stock were exchanged, compared to its average volume of 8,283. The stock’s 50-day moving average price is $86.25 and its 200-day moving average price is $82.28. The stock has a market cap of $380.91 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. First Trust Indxx NextG ETF has a fifty-two week low of $64.46 and a fifty-two week high of $88.84.
First Trust Indxx NextG ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.4009 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.60 annualized dividend and a yield of 1.85%.
Hedge Funds Weigh In On First Trust Indxx NextG ETF
First Trust Indxx NextG ETF Company Profile
The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.
Featured Stories
- Five stocks we like better than First Trust Indxx NextG ETF
- What is the Australian Securities Exchange (ASX)
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is an Earnings Surprise?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Find and Profitably Trade Stocks at 52-Week Lows
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for First Trust Indxx NextG ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Indxx NextG ETF and related companies with MarketBeat.com's FREE daily email newsletter.