First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Update

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 83,100 shares, an increase of 81.4% from the November 30th total of 45,800 shares. Based on an average trading volume of 95,700 shares, the days-to-cover ratio is presently 0.9 days.

First Trust NASDAQ Technology Dividend Index Fund Trading Down 0.9 %

Shares of TDIV stock traded down $0.75 on Friday, reaching $79.98. The company’s stock had a trading volume of 52,295 shares, compared to its average volume of 95,733. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00. The stock’s fifty day simple moving average is $80.06 and its 200-day simple moving average is $78.19. First Trust NASDAQ Technology Dividend Index Fund has a 1 year low of $61.77 and a 1 year high of $82.43.

First Trust NASDAQ Technology Dividend Index Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.446 dividend. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Several hedge funds have recently made changes to their positions in the business. Main Street Financial Solutions LLC increased its stake in First Trust NASDAQ Technology Dividend Index Fund by 7.5% during the second quarter. Main Street Financial Solutions LLC now owns 42,830 shares of the company’s stock worth $3,241,000 after acquiring an additional 2,987 shares during the last quarter. Private Advisor Group LLC increased its position in shares of First Trust NASDAQ Technology Dividend Index Fund by 2.3% during the 2nd quarter. Private Advisor Group LLC now owns 56,217 shares of the company’s stock valued at $4,253,000 after purchasing an additional 1,287 shares during the last quarter. Gentry Private Wealth LLC bought a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the 2nd quarter valued at approximately $688,000. N.E.W. Advisory Services LLC purchased a new stake in First Trust NASDAQ Technology Dividend Index Fund during the 2nd quarter valued at $656,000. Finally, Pursue Wealth Partners LLC lifted its position in First Trust NASDAQ Technology Dividend Index Fund by 4.9% in the second quarter. Pursue Wealth Partners LLC now owns 75,084 shares of the company’s stock worth $5,681,000 after buying an additional 3,522 shares during the last quarter.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.