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

Posted by Lindsey Winhoffer on Jan 31st, 2025

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 25,900 shares, an increase of 208.3% from the December 31st total of 8,400 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 2.3 days.

First Trust Nasdaq Food & Beverage ETF Stock Performance

Shares of First Trust Nasdaq Food & Beverage ETF stock opened at $22.83 on Friday. First Trust Nasdaq Food & Beverage ETF has a 1 year low of $21.88 and a 1 year high of $26.05. The firm’s 50-day simple moving average is $23.26 and its 200-day simple moving average is $24.31. The firm has a market cap of $22.83 million, a PE ratio of 19.00 and a beta of 0.60.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The firm also recently disclosed 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 of this dividend was Friday, December 13th. This is a positive change from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18.

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 purchased a new stake in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

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.