Short Interest in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Increases By 900.0%

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the October 31st total of 100 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is currently 0.1 days.

First Trust Indxx Innovative Transaction & Process ETF Trading Down 0.1 %

NASDAQ:LEGR traded down $0.04 during trading hours on Wednesday, hitting $46.88. 2,158 shares of the stock were exchanged, compared to its average volume of 7,542. The firm’s fifty day moving average price is $46.90 and its 200 day moving average price is $45.02. The company has a market cap of $105.48 million, a P/E ratio of 13.52 and a beta of 0.97. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $37.28 and a 52-week high of $47.84.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2629 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.05 dividend on an annualized basis and a yield of 2.24%.

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

A number of hedge funds have recently modified their holdings of the business. Aptus Capital Advisors LLC acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at about $37,000. Brown Financial Advisors purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at $39,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter worth $64,000. Stifel Financial Corp purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 3rd quarter worth $201,000. Finally, IHT Wealth Management LLC acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 3rd quarter valued at about $205,000.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

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.