First Trust Indxx NextG ETF (NASDAQ:NXTG) Short Interest Update

Posted by Alanna Baker on Mar 18th, 2025

First Trust Indxx NextG ETF (NASDAQ:NXTG – Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 2,200 shares, an increase of 22.2% from the February 13th total of 1,800 shares. Based on an average trading volume of 10,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Indxx NextG ETF Stock Down 0.7 %

Shares of NXTG stock traded down $0.59 during mid-day trading on Tuesday, reaching $87.81. The stock had a trading volume of 5,162 shares, compared to its average volume of 8,263. First Trust Indxx NextG ETF has a one year low of $73.37 and a one year high of $91.29. The firm has a market cap of $373.19 million, a PE ratio of 21.52 and a beta of 0.89. The firm’s 50 day simple moving average is $87.45 and its 200 day simple moving average is $86.54.

Hedge Funds Weigh In On First Trust Indxx NextG ETF

A number of hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. acquired a new stake in shares of First Trust Indxx NextG ETF during the 3rd quarter valued at about $44,000. Spire Wealth Management acquired a new stake in First Trust Indxx NextG ETF during the fourth quarter valued at approximately $151,000. Riverchase Wealth Management LLC bought a new stake in shares of First Trust Indxx NextG ETF in the 4th quarter valued at approximately $275,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Indxx NextG ETF by 7.9% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,588 shares of the company’s stock worth $306,000 after buying an additional 263 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Indxx NextG ETF during the 4th quarter worth approximately $410,000.

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.