Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Declines By 84.6%

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAGGet Free Report) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 80 shares, a decline of 84.6% from the July 30th total of 519 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,432 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Indxx Global Agriculture ETF Stock Performance

Shares of NASDAQ FTAG traded down $0.21 during trading hours on Thursday, hitting $29.96. The stock had a trading volume of 336 shares, compared to its average volume of 6,036. The firm’s 50-day moving average price is $29.27 and its two-hundred day moving average price is $29.41. First Trust Indxx Global Agriculture ETF has a 52 week low of $24.98 and a 52 week high of $31.13. The company has a market capitalization of $14.68 million, a P/E ratio of 22.24 and a beta of 0.66.

First Trust Indxx Global Agriculture ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1798 dividend. This is a positive change from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.03. This represents a $0.72 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of First Trust Indxx Global Agriculture ETF in the 2nd quarter valued at $305,000. Virtu Financial LLC lifted its position 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 buying an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of 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 acquiring an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in shares of First Trust Indxx Global Agriculture ETF by 28.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after acquiring an additional 10,056 shares in the last quarter.

About First Trust Indxx Global Agriculture ETF

(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.

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