First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 323,400 shares, a growth of 220.2% from the May 31st total of 101,000 shares. Based on an average daily volume of 897,400 shares, the days-to-cover ratio is currently 0.4 days.
First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance
SDVY traded up $0.36 during trading on Friday, reaching $33.38. The company had a trading volume of 1,099,382 shares, compared to its average volume of 1,035,280. The firm’s 50-day simple moving average is $33.73 and its 200 day simple moving average is $33.12. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $26.40 and a 12-month high of $34.97.
First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 27th will be paid a dividend of $0.1503 per share. The ex-dividend date is Thursday, June 27th. This represents a $0.60 annualized dividend and a yield of 1.80%.
Hedge Funds Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF
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.
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