First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC) Short Interest Update

First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTECGet Rating) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 21,000 shares, a growth of 65.4% from the April 30th total of 12,700 shares. Based on an average trading volume of 339,900 shares, the short-interest ratio is presently 0.1 days.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of First Trust NASDAQ-100-Technology Sector Index Fund in the 4th quarter valued at about $28,000. Trust Co. of Vermont acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in the 4th quarter valued at about $33,000. SouthState Corp acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in the 1st quarter valued at about $29,000. Intelligent Financial Strategies acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in the 4th quarter valued at about $40,000. Finally, Wagner Wealth Management LLC lifted its stake in First Trust NASDAQ-100-Technology Sector Index Fund by 453.5% in the 4th quarter. Wagner Wealth Management LLC now owns 238 shares of the company’s stock valued at $42,000 after purchasing an additional 195 shares during the last quarter.

Shares of NASDAQ QTEC traded up $5.23 during mid-day trading on Friday, hitting $130.71. The company had a trading volume of 80,238 shares, compared to its average volume of 274,419. The firm has a 50-day simple moving average of $136.15 and a two-hundred day simple moving average of $152.62. First Trust NASDAQ-100-Technology Sector Index Fund has a one year low of $114.00 and a one year high of $181.83.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, March 28th were issued a $0.011 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date was Friday, March 25th.

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