First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Down 24.3% in July

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 97,700 shares, a drop of 24.3% from the July 15th total of 129,100 shares. Based on an average daily volume of 162,300 shares, the days-to-cover ratio is presently 0.6 days.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Down 2.0 %

Shares of NASDAQ QCLN traded down $0.68 during midday trading on Wednesday, hitting $32.68. The stock had a trading volume of 102,980 shares, compared to its average volume of 183,279. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 1-year low of $29.95 and a 1-year high of $48.44. The company has a market capitalization of $647.06 million, a price-to-earnings ratio of 16.71 and a beta of 1.49. The company has a fifty day moving average price of $35.70 and a 200 day moving average price of $34.94.

First Trust NASDAQ Clean Edge Green Energy Index Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.1772 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.71 annualized dividend and a dividend yield of 2.17%. This is a positive change from First Trust NASDAQ Clean Edge Green Energy Index Fund’s previous quarterly dividend of $0.08.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

Several large investors have recently added to or reduced their stakes in QCLN. Bigelow Investment Advisors LLC acquired a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the second quarter worth about $359,000. HBK Sorce Advisory LLC raised its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.3% during the 2nd quarter. HBK Sorce Advisory LLC now owns 7,607 shares of the company’s stock valued at $259,000 after buying an additional 383 shares during the period. Liberty Wealth Management LLC lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.6% during the 2nd quarter. Liberty Wealth Management LLC now owns 7,941 shares of the company’s stock worth $269,000 after acquiring an additional 559 shares in the last quarter. PFG Investments LLC boosted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.5% in the 2nd quarter. PFG Investments LLC now owns 65,075 shares of the company’s stock worth $2,213,000 after acquiring an additional 3,409 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 566.5% in the 2nd quarter. Larson Financial Group LLC now owns 1,553 shares of the company’s stock worth $53,000 after acquiring an additional 1,320 shares during the period.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S.