Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Drops By 85.2%

by · The Markets Daily

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 91 shares, a decrease of 85.2% from the June 15th total of 615 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,274 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of First Trust Indxx Global Agriculture ETF

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in shares of First Trust Indxx Global Agriculture ETF during the second quarter worth about $305,000. Virtu Financial LLC boosted its stake in shares of First Trust Indxx Global Agriculture ETF by 8.1% in the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after acquiring an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in First Trust Indxx Global Agriculture ETF by 14.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after purchasing an additional 3,615 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in shares of First Trust Indxx Global Agriculture ETF by 28.8% in the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after buying an additional 10,056 shares in the last quarter.

First Trust Indxx Global Agriculture ETF Stock Performance

Shares of NASDAQ:FTAG traded up $0.04 during midday trading on Monday, reaching $29.12. 2,645 shares of the company’s stock traded hands, compared to its average volume of 7,030. The company has a fifty day simple moving average of $29.07 and a two-hundred day simple moving average of $28.97. First Trust Indxx Global Agriculture ETF has a 1 year low of $24.98 and a 1 year high of $31.13. The company has a market cap of $14.27 million, a P/E ratio of 22.24 and a beta of 0.66.

First Trust Indxx Global Agriculture ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.1798 per share. This is a boost from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Thursday, June 25th.

First Trust Indxx Global Agriculture ETF Company Profile

(Get Free Report)

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.

Featured Stories