First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Short Interest Update

Posted by Stanley Muller on Jun 30th, 2026

First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Get Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 15,389 shares, a decline of 59.7% from the May 31st total of 38,160 shares. Based on an average daily volume of 108,581 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On First Trust Nasdaq Bank ETF

Institutional investors have recently made changes to their positions in the stock. NBC Securities Inc. grew its position in First Trust Nasdaq Bank ETF by 22.5% in the 4th quarter. NBC Securities Inc. now owns 1,636 shares of the company’s stock worth $62,000 after purchasing an additional 301 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of First Trust Nasdaq Bank ETF by 4.2% during the second quarter. Great Valley Advisor Group Inc. now owns 9,479 shares of the company’s stock valued at $313,000 after buying an additional 380 shares during the last quarter. HBW Advisory Services LLC boosted its position in shares of First Trust Nasdaq Bank ETF by 2.6% during the first quarter. HBW Advisory Services LLC now owns 16,277 shares of the company’s stock worth $589,000 after buying an additional 414 shares during the period. Kestra Advisory Services LLC boosted its position in shares of First Trust Nasdaq Bank ETF by 0.8% during the first quarter. Kestra Advisory Services LLC now owns 62,695 shares of the company’s stock worth $2,268,000 after buying an additional 481 shares during the period. Finally, Wagner Wealth Management LLC boosted its position in shares of First Trust Nasdaq Bank ETF by 0.4% during the fourth quarter. Wagner Wealth Management LLC now owns 158,509 shares of the company’s stock worth $5,990,000 after buying an additional 575 shares during the period.

First Trust Nasdaq Bank ETF Stock Performance

Shares of NASDAQ FTXO traded down $0.27 during midday trading on Tuesday, hitting $41.33. The company’s stock had a trading volume of 72,080 shares, compared to its average volume of 674,425. First Trust Nasdaq Bank ETF has a 1-year low of $32.57 and a 1-year high of $42.21. The firm’s fifty day moving average price is $39.11 and its 200-day moving average price is $38.34. The firm has a market cap of $349.24 million, a P/E ratio of 11.56 and a beta of 0.90.

First Trust Nasdaq Bank ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be paid a $0.2572 dividend. The ex-dividend date is Thursday, June 25th. This is an increase from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.07. This represents a $1.03 dividend on an annualized basis and a yield of 2.5%.

About First Trust Nasdaq Bank ETF

(Get Free Report)

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.