First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Short Interest Update

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 39,500 shares, a growth of 19.3% from the January 15th total of 33,100 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 2.7 days.

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

An institutional investor recently bought a new position in First Trust Nasdaq Food & Beverage ETF stock. Jane Street Group LLC acquired a new stake in First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,061 shares of the company’s stock, valued at approximately $258,000. Jane Street Group LLC owned 0.77% of First Trust Nasdaq Food & Beverage ETF at the end of the most recent reporting period.

First Trust Nasdaq Food & Beverage ETF Stock Performance

Shares of NASDAQ FTXG traded down $0.11 during mid-day trading on Friday, reaching $22.33. 14,962 shares of the company traded hands, compared to its average volume of 16,599. The company’s fifty day moving average is $22.75 and its two-hundred day moving average is $24.17. The stock has a market cap of $22.33 million, a PE ratio of 19.00 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a fifty-two week low of $21.70 and a fifty-two week high of $26.05.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1965 per share. This is a positive change from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Nasdaq Food & Beverage ETF

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.