First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Shares Shorted: Short Interest Up 72.3% in September

Posted by Geri Gentry on Oct 16th, 2026

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 213,753 shares, a growth of 72.3% from the September 15th total of 124,078 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 912,166 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On First Trust SMID Cap Rising Dividend Achievers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 27.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 17,231 shares of the company’s stock valued at $706,000 after purchasing an additional 3,699 shares in the last quarter. IFC & Insurance Marketing Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 5.9% during the 3rd quarter. IFC & Insurance Marketing Inc. now owns 100,755 shares of the company’s stock worth $4,092,000 after purchasing an additional 5,615 shares during the last quarter. ARS Wealth Advisors Group LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 7.2% in the 3rd quarter. ARS Wealth Advisors Group LLC now owns 7,240 shares of the company’s stock valued at $294,000 after purchasing an additional 486 shares in the last quarter. James T. Borello RIA raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 28.0% in the 3rd quarter. James T. Borello RIA now owns 6,674 shares of the company’s stock valued at $271,000 after purchasing an additional 1,460 shares in the last quarter. Finally, Ellsworth Advisors LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.0% during the 3rd quarter. Ellsworth Advisors LLC now owns 29,302 shares of the company’s stock valued at $1,189,000 after buying an additional 1,648 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of SDVY stock traded down $0.14 on Friday, hitting $41.52. The stock had a trading volume of 923,822 shares, compared to its average volume of 1,287,926. The stock’s 50 day moving average is $42.62 and its 200-day moving average is $42.31. The firm has a market capitalization of $10.99 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1002 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

About First Trust SMID Cap Rising Dividend Achievers ETF

(Get Free Report)

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.