First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Down 59.3% in December

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 155,300 shares, a drop of 59.3% from the November 30th total of 381,500 shares. Based on an average daily volume of 1,503,000 shares, the short-interest ratio is presently 0.1 days.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.0 %

Shares of SDVY traded down $0.36 on Friday, hitting $35.92. The company’s stock had a trading volume of 1,365,245 shares, compared to its average volume of 1,220,121. The firm’s fifty day moving average price is $37.76 and its 200-day moving average price is $35.91. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $30.93 and a fifty-two week high of $40.60. The firm has a market capitalization of $6.29 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.1821 dividend. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust SMID Cap Rising Dividend Archievers ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. National Bank of Canada FI bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $27,000. Hazlett Burt & Watson Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth approximately $28,000. Strategic Financial Concepts LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at approximately $28,000. Icon Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $30,000. Finally, ORG Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

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.