First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Short Interest Update

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 26,300 shares, a growth of 1,043.5% from the September 30th total of 2,300 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 5.7 days.

First Trust Nasdaq Transportation ETF Stock Up 0.0 %

NASDAQ:FTXR opened at $33.05 on Friday. First Trust Nasdaq Transportation ETF has a twelve month low of $24.76 and a twelve month high of $33.36. The firm has a market capitalization of $31.40 million, a price-to-earnings ratio of 16.14 and a beta of 1.37. The stock’s 50 day moving average price is $31.55 and its two-hundred day moving average price is $30.98.

First Trust Nasdaq Transportation ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1284 per share. This is a positive change from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.12. This represents a $0.51 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Trading of First Trust Nasdaq Transportation ETF

An institutional investor recently bought a new position in First Trust Nasdaq Transportation ETF stock. Signature Estate & Investment Advisors LLC bought a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 7,253 shares of the company’s stock, valued at approximately $223,000. Signature Estate & Investment Advisors LLC owned about 0.60% of First Trust Nasdaq Transportation ETF as of its most recent filing with the Securities and Exchange Commission.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.