Short Interest in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Decreases By 22.7%

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGRGet Rating) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 5,800 shares, a decline of 22.7% from the March 31st total of 7,500 shares. Based on an average trading volume of 20,800 shares, the short-interest ratio is currently 0.3 days.

A number of hedge funds have recently modified their holdings of LEGR. Prospera Financial Services Inc acquired a new position in First Trust Indxx Innovative Transaction & Process ETF in the 1st quarter valued at about $1,808,000. Royal Bank of Canada boosted its holdings in First Trust Indxx Innovative Transaction & Process ETF by 65.2% in the 3rd quarter. Royal Bank of Canada now owns 78,512 shares of the company’s stock valued at $3,312,000 after purchasing an additional 30,994 shares in the last quarter. LPL Financial LLC boosted its holdings in First Trust Indxx Innovative Transaction & Process ETF by 15.7% in the 3rd quarter. LPL Financial LLC now owns 150,168 shares of the company’s stock valued at $6,335,000 after purchasing an additional 20,430 shares in the last quarter. Citadel Advisors LLC purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at approximately $834,000. Finally, Financial Advisors Network Inc. purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at approximately $723,000.

Shares of LEGR stock opened at $38.37 on Thursday. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $36.51 and a 52-week high of $45.38. The stock’s 50-day moving average price is $39.09 and its 200 day moving average price is $41.97.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Monday, March 28th were given a $0.063 dividend. This represents a $0.25 annualized dividend and a yield of 0.66%. The ex-dividend date was Friday, March 25th.

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