First Trust Expanded Technology ETF (NYSEARCA:XPND) Short Interest Update

First Trust Expanded Technology ETF (NYSEARCA:XPND) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 3,403 shares, a decrease of 23.1% from the January 15th total of 4,426 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 6,901 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 6,901 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

First Trust Expanded Technology ETF Stock Up 0.9%

Shares of NYSEARCA:XPND traded up $0.30 during trading on Monday, reaching $34.07. The stock had a trading volume of 3,521 shares, compared to its average volume of 5,444. The stock has a market cap of $51.11 million, a P/E ratio of 32.72 and a beta of 1.25. The business has a fifty day moving average price of $35.82 and a 200-day moving average price of $35.77. First Trust Expanded Technology ETF has a fifty-two week low of $24.15 and a fifty-two week high of $38.47.

First Trust Expanded Technology ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.0127 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Investors Weigh In On First Trust Expanded Technology ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in XPND. IFP Advisors Inc purchased a new position in First Trust Expanded Technology ETF during the third quarter worth about $38,000. Advisory Services Network LLC purchased a new position in shares of First Trust Expanded Technology ETF during the 3rd quarter worth about $45,000. Raymond James Financial Inc. acquired a new stake in shares of First Trust Expanded Technology ETF in the second quarter worth approximately $71,000. International Assets Investment Management LLC purchased a new stake in First Trust Expanded Technology ETF in the fourth quarter valued at approximately $103,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in First Trust Expanded Technology ETF in the second quarter valued at approximately $117,000.

First Trust Expanded Technology ETF Company Profile

The First Trust Expanded Technology ETF (XPND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in US stocks whose businesses are derived from or dependent on technology. XPND was launched on Jun 14, 2021 and is managed by First Trust.