First Trust Indxx NextG ETF (NASDAQ:NXTG) Short Interest Down 83.9% in June

Posted by on Jul 14th, 2026

First Trust Indxx NextG ETF (NASDAQ:NXTG – Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,574 shares, a decrease of 83.9% from the June 15th total of 28,385 shares. Based on an average daily volume of 12,840 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On First Trust Indxx NextG ETF

Several institutional investors have recently bought and sold shares of NXTG. Jane Street Group LLC boosted its stake in shares of First Trust Indxx NextG ETF by 12.3% during the 1st quarter. Jane Street Group LLC now owns 9,558 shares of the company’s stock worth $811,000 after acquiring an additional 1,047 shares in the last quarter. JPMorgan Chase & Co. boosted its position in First Trust Indxx NextG ETF by 16.9% during the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock worth $114,000 after purchasing an additional 169 shares during the period. Bank of America Corp DE boosted its position in First Trust Indxx NextG ETF by 12.5% during the second quarter. Bank of America Corp DE now owns 73,111 shares of the company’s stock worth $7,113,000 after purchasing an additional 8,095 shares during the period. Geneos Wealth Management Inc. grew its holdings in First Trust Indxx NextG ETF by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 651 shares of the company’s stock valued at $63,000 after purchasing an additional 434 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in First Trust Indxx NextG ETF by 4.6% during the third quarter. First Trust Advisors LP now owns 12,298 shares of the company’s stock valued at $1,273,000 after purchasing an additional 538 shares during the last quarter.

First Trust Indxx NextG ETF Stock Performance

Shares of First Trust Indxx NextG ETF stock traded down $2.73 during midday trading on Monday, reaching $149.28. 18,120 shares of the company’s stock traded hands, compared to its average volume of 9,954. The company has a market cap of $552.34 million, a price-to-earnings ratio of 22.81 and a beta of 1.03. The company’s 50 day simple moving average is $151.57 and its 200 day simple moving average is $128.66. First Trust Indxx NextG ETF has a 52 week low of $95.47 and a 52 week high of $167.58.

First Trust Indxx NextG 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 dividend of $0.5768 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23. This represents a $2.31 annualized dividend and a yield of 1.5%.

First Trust Indxx NextG ETF Company Profile

(Get Free Report)

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.

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