First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Sees Large Decrease in Short Interest

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 92,900 shares, a decrease of 69.6% from the November 30th total of 305,100 shares. Based on an average trading volume of 141,600 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Several hedge funds have recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the 3rd quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the second quarter valued at about $32,000. Front Row Advisors LLC grew its position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 750.0% in the 2nd quarter. Front Row Advisors LLC now owns 340 shares of the company's stock valued at $39,000 after buying an additional 300 shares in the last quarter. Concourse Financial Group Securities Inc. acquired a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 2nd quarter valued at about $42,000. Finally, Values First Advisors Inc. bought a new stake in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the 3rd quarter worth about $56,000.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Down 0.3 %

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock traded down $0.34 during mid-day trading on Thursday, reaching $121.61. The company's stock had a trading volume of 68,931 shares, compared to its average volume of 105,703. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a twelve month low of $98.28 and a twelve month high of $129.02. The business has a 50 day moving average price of $124.46 and a 200-day moving average price of $121.60. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 29.38 and a beta of 1.25.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.2731 per share. The ex-dividend date is Friday, December 13th.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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