First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Short Interest Up 208.3% in December

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXGGet Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 25,900 shares, a growth of 208.3% from the December 15th total of 8,400 shares. Based on an average daily volume of 11,400 shares, the short-interest ratio is presently 2.3 days.

First Trust Nasdaq Food & Beverage ETF Stock Up 1.4 %

Shares of NASDAQ FTXG opened at $22.18 on Tuesday. The stock has a market capitalization of $22.18 million, a price-to-earnings ratio of 19.00 and a beta of 0.60. The firm has a 50-day moving average price of $23.73 and a 200 day moving average price of $24.42. First Trust Nasdaq Food & Beverage ETF has a 52 week low of $21.88 and a 52 week high of $26.05.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1965 per share. The ex-dividend date was Friday, December 13th. This is a boost from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18.

Institutional Investors Weigh In On First Trust Nasdaq Food & Beverage ETF

A hedge fund recently bought a new stake in First Trust Nasdaq Food & Beverage ETF stock. Jane Street Group LLC purchased a new position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXGFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,061 shares of the company’s stock, valued at approximately $258,000. Jane Street Group LLC owned about 0.77% of First Trust Nasdaq Food & Beverage ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

First Trust Nasdaq Food & Beverage ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.

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