Short Interest in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Increases By 1,760.0%

Posted by Anthony Miller on Jan 15th, 2025

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,600 shares, an increase of 1,760.0% from the December 15th total of 1,000 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Investors Weigh In On First Trust Indxx Innovative Transaction & Process ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Financial Advisors acquired a new position in First Trust Indxx Innovative Transaction & Process ETF in the second quarter worth about $39,000. Ashton Thomas Private Wealth LLC bought a new position in First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter worth approximately $64,000. Stifel Financial Corp acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter worth approximately $201,000. IHT Wealth Management LLC bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at approximately $205,000. Finally, Mattson Financial Services LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter valued at approximately $464,000.

First Trust Indxx Innovative Transaction & Process ETF Trading Up 0.7 %

First Trust Indxx Innovative Transaction & Process ETF stock opened at $46.28 on Wednesday. First Trust Indxx Innovative Transaction & Process ETF has a 52 week low of $37.28 and a 52 week high of $48.84. The stock has a market cap of $85.62 million, a P/E ratio of 13.52 and a beta of 0.97. The stock has a 50 day moving average of $46.97 and a 200-day moving average of $45.80.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2212 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Indxx Innovative Transaction & Process ETF

(Get Free Report)

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.