Short Interest in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Expands By 108.2%

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAGGet Rating) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 20,400 shares, a growth of 108.2% from the April 15th total of 9,800 shares. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 0.8 days.

Several hedge funds and other institutional investors have recently bought and sold shares of FTAG. Cambridge Investment Research Advisors Inc. acquired a new stake in First Trust Indxx Global Agriculture ETF during the 1st quarter worth approximately $218,000. Scotia Capital Inc. purchased a new position in First Trust Indxx Global Agriculture ETF in the 1st quarter worth approximately $989,000. Advisor Group Holdings Inc. boosted its holdings in First Trust Indxx Global Agriculture ETF by 2,937.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 52,297 shares of the company’s stock worth $1,721,000 after acquiring an additional 50,575 shares during the period. Envestnet Asset Management Inc. purchased a new position in First Trust Indxx Global Agriculture ETF in the 1st quarter worth approximately $371,000. Finally, Stratos Wealth Partners LTD. purchased a new position in First Trust Indxx Global Agriculture ETF in the 1st quarter worth approximately $1,115,000.

FTAG stock traded up $0.76 during trading on Friday, hitting $31.43. The stock had a trading volume of 1,654 shares, compared to its average volume of 20,134. First Trust Indxx Global Agriculture ETF has a 1-year low of $28.61 and a 1-year high of $35.20. The company’s 50 day moving average price is $32.87 and its two-hundred day moving average price is $31.46.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, March 28th were paid a dividend of $0.049 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend was Friday, March 25th.

First Trust Indxx Global Agriculture ETF Company Profile (Get Rating)

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index.

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