First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Short Interest Update

Posted by Tyrone Williams on Jan 15th, 2025

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Get Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 25,900 shares, a growth of 208.3% from the December 15th total of 8,400 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is presently 2.3 days.

Institutional Investors Weigh In On First Trust Nasdaq Food & Beverage ETF

A hedge fund recently bought a new stake in First Trust Nasdaq Food & Beverage ETF stock. Jane Street Group LLC bought a new position in First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 10,061 shares of the company’s stock, valued at approximately $258,000. Jane Street Group LLC owned approximately 0.77% of First Trust Nasdaq Food & Beverage ETF as of its most recent SEC filing.

First Trust Nasdaq Food & Beverage ETF Price Performance

NASDAQ FTXG traded down $0.09 on Wednesday, hitting $22.11. The stock had a trading volume of 32,233 shares, compared to its average volume of 11,659. The business’s fifty day moving average price is $23.65 and its 200 day moving average price is $24.40. The stock has a market cap of $22.11 million, a price-to-earnings ratio of 19.00 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a 52-week low of $21.88 and a 52-week high of $26.05.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.1965 per share. This is a positive change from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Food & Beverage ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.