First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Short Interest Up 99.4% in February

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 35,900 shares, an increase of 99.4% from the January 31st total of 18,000 shares. Based on an average daily volume of 48,000 shares, the short-interest ratio is presently 0.7 days.

First Trust NASDAQ ABA Community Bank Index Fund Trading Up 1.1 %

NASDAQ:QABA traded up $0.64 during trading hours on Friday, hitting $56.44. 9,832 shares of the company were exchanged, compared to its average volume of 70,050. The stock has a market capitalization of $124.17 million, a price-to-earnings ratio of 14.11 and a beta of 0.92. First Trust NASDAQ ABA Community Bank Index Fund has a one year low of $42.52 and a one year high of $64.30. The company has a fifty day simple moving average of $56.45 and a 200 day simple moving average of $55.98.

First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.3361 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. LPL Financial LLC raised its position in First Trust NASDAQ ABA Community Bank Index Fund by 79.2% during the 4th quarter. LPL Financial LLC now owns 151,165 shares of the company’s stock worth $8,398,000 after purchasing an additional 66,817 shares during the last quarter. Wells Fargo & Company MN raised its position in First Trust NASDAQ ABA Community Bank Index Fund by 178.2% during the 4th quarter. Wells Fargo & Company MN now owns 109,794 shares of the company’s stock worth $6,099,000 after purchasing an additional 70,324 shares during the last quarter. Truist Financial Corp grew its holdings in First Trust NASDAQ ABA Community Bank Index Fund by 6.3% during the 4th quarter. Truist Financial Corp now owns 36,604 shares of the company’s stock worth $2,033,000 after acquiring an additional 2,184 shares during the period. Susquehanna International Group LLP acquired a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the 4th quarter worth about $2,012,000. Finally, Citadel Advisors LLC grew its holdings in First Trust NASDAQ ABA Community Bank Index Fund by 20.3% during the 4th quarter. Citadel Advisors LLC now owns 33,771 shares of the company’s stock worth $1,876,000 after acquiring an additional 5,702 shares during the period.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.