First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Update

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 22,300 shares, a decrease of 82.5% from the March 31st total of 127,400 shares. Based on an average trading volume of 96,400 shares, the days-to-cover ratio is currently 0.2 days.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

Shares of TDIV traded up $0.67 during mid-day trading on Friday, reaching $67.58. The company’s stock had a trading volume of 53,381 shares, compared to its average volume of 99,252. The stock has a market cap of $2.34 billion, a PE ratio of 26.83 and a beta of 1.00. First Trust NASDAQ Technology Dividend Index Fund has a 12-month low of $51.37 and a 12-month high of $71.17. The company’s 50 day moving average is $68.47 and its 200 day moving average is $63.96.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.1907 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.13%.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter valued at about $57,000. Creekmur Asset Management LLC acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter valued at about $68,000. Principal Securities Inc. acquired a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund in the 4th quarter valued at about $92,000. CENTRAL TRUST Co acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the 3rd quarter worth approximately $168,000. Finally, Key Client Fiduciary Advisors LLC acquired a new stake in First Trust NASDAQ Technology Dividend Index Fund during the 1st quarter worth approximately $220,000.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.