Short Interest in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Drops By 56.2%

Posted by Stanley Muller on May 31st, 2026

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 150,734 shares, a drop of 56.2% from the April 30th total of 344,047 shares. Based on an average daily trading volume, of 948,532 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock traded down $0.13 on Friday, reaching $75.26. 869,703 shares of the stock were exchanged, compared to its average volume of 1,452,487. The firm’s 50 day moving average is $72.69 and its 200-day moving average is $71.24. First Trust Rising Dividend Achievers ETF has a one year low of $59.67 and a one year high of $76.57. The firm has a market cap of $22.11 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Rising Dividend Achievers ETF

Large investors have recently modified their holdings of the business. Balefire LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 32.1% during the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after buying an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after acquiring an additional 7,379 shares in the last quarter. Atria Investments Inc grew its position in First Trust Rising Dividend Achievers ETF by 7.1% during the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after acquiring an additional 12,843 shares during the last quarter. Cozad Asset Management Inc. grew its position in First Trust Rising Dividend Achievers ETF by 9.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after acquiring an additional 9,181 shares during the last quarter. Finally, Genesis Private Wealth LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 7.1% in the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after purchasing an additional 7,444 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Company Profile

(Get Free Report)

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.