First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Down 16.9% in February

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 209,200 shares, a decrease of 16.9% from the January 31st total of 251,600 shares. Based on an average trading volume of 1,755,200 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of First Trust SMID Cap Rising Dividend Archievers ETF

Hedge funds have recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $26,000. National Bank of Canada FI acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at $27,000. Grove Bank & Trust purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $27,000. Pineridge Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after buying an additional 443 shares during the period. Finally, FSC Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY traded down $0.32 during trading hours on Thursday, hitting $33.77. 287,072 shares of the company were exchanged, compared to its average volume of 1,748,812. The company has a market capitalization of $7.52 billion, a PE ratio of 12.91 and a beta of 1.18. The firm has a fifty day simple moving average of $36.50 and a 200-day simple moving average of $36.71. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers ETF

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.