First Trust RBA American Industrial RenaissanceTM ETF (NASDAQ:AIRR) Short Interest Down 17.9% in February

First Trust RBA American Industrial RenaissanceTM ETF (NASDAQ:AIRR – Get Rating) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 23,000 shares, a decrease of 17.9% from the February 13th total of 28,000 shares. Based on an average trading volume of 47,100 shares, the short-interest ratio is presently 0.5 days.

First Trust RBA American Industrial RenaissanceTM ETF Price Performance

NASDAQ:AIRR opened at $47.89 on Monday. First Trust RBA American Industrial RenaissanceTM ETF has a 52 week low of $36.11 and a 52 week high of $51.84. The firm has a 50 day moving average of $48.23 and a 200 day moving average of $44.95.

First Trust RBA American Industrial RenaissanceTM ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Tuesday, December 27th were given a dividend of $0.049 per share. This is a boost from First Trust RBA American Industrial RenaissanceTM ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, December 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.41%.

Institutional Investors Weigh In On First Trust RBA American Industrial RenaissanceTM ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley lifted its position in First Trust RBA American Industrial RenaissanceTM ETF by 20.0% during the fourth quarter. Morgan Stanley now owns 400,188 shares of the company’s stock valued at $17,656,000 after acquiring an additional 66,823 shares during the last quarter. UBS Group AG increased its stake in First Trust RBA American Industrial RenaissanceTM ETF by 2.7% during the 4th quarter. UBS Group AG now owns 348,802 shares of the company’s stock valued at $15,389,000 after purchasing an additional 9,193 shares in the last quarter. LPL Financial LLC increased its stake in First Trust RBA American Industrial RenaissanceTM ETF by 2.7% during the 4th quarter. LPL Financial LLC now owns 287,779 shares of the company’s stock valued at $12,697,000 after purchasing an additional 7,522 shares in the last quarter. Raymond James & Associates increased its stake in First Trust RBA American Industrial RenaissanceTM ETF by 3.0% during the 3rd quarter. Raymond James & Associates now owns 216,227 shares of the company’s stock valued at $8,270,000 after purchasing an additional 6,271 shares in the last quarter. Finally, Alpha Omega Group Inc. increased its stake in First Trust RBA American Industrial RenaissanceTM ETF by 1.5% during the 3rd quarter. Alpha Omega Group Inc. now owns 150,317 shares of the company’s stock valued at $5,749,000 after purchasing an additional 2,154 shares in the last quarter.