First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Up 1,075.5% in January

by · The Cerbat Gem

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI – Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 10,356 shares, an increase of 1,075.5% from the January 15th total of 881 shares. Based on an average daily volume of 7,115 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 7,115 shares, the short-interest ratio is presently 1.5 days.

First Trust Active Global Quality Income ETF Stock Up 0.2%

Shares of First Trust Active Global Quality Income ETF stock traded up $0.04 during trading on Tuesday, hitting $17.90. 6,908 shares of the stock traded hands, compared to its average volume of 6,834. The stock has a market cap of $59.61 million, a price-to-earnings ratio of 18.15 and a beta of 0.91. First Trust Active Global Quality Income ETF has a 52 week low of $12.44 and a 52 week high of $17.90. The firm’s fifty day moving average is $16.92 and its 200-day moving average is $16.30.

First Trust Active Global Quality Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0772 per share. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05. This represents a $0.31 dividend on an annualized basis and a yield of 1.7%.

Institutional Investors Weigh In On First Trust Active Global Quality Income ETF

A number of institutional investors have recently made changes to their positions in AGQI. International Assets Investment Management LLC bought a new position in shares of First Trust Active Global Quality Income ETF during the 4th quarter valued at $105,000. Virtu Financial LLC purchased a new stake in First Trust Active Global Quality Income ETF during the third quarter valued at about $170,000. Flow Traders U.S. LLC bought a new position in shares of First Trust Active Global Quality Income ETF during the second quarter valued at about $324,000. Jane Street Group LLC purchased a new position in shares of First Trust Active Global Quality Income ETF in the first quarter worth about $380,000. Finally, Global Retirement Partners LLC purchased a new position in shares of First Trust Active Global Quality Income ETF in the fourth quarter worth about $547,000.

About First Trust Active Global Quality Income ETF

(Get Free Report)

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.

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