First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Short Interest Update

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 17,900 shares, a drop of 62.6% from the March 31st total of 47,900 shares. Based on an average trading volume of 171,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

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

Institutional investors have recently bought and sold shares of the business. Ameriflex Group Inc. acquired a new position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund during the fourth quarter worth about $26,000. US Bancorp DE increased its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 57.3% during the fourth quarter. US Bancorp DE now owns 236 shares of the company’s stock worth $28,000 after purchasing an additional 86 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in the first quarter valued at about $49,000. Geneos Wealth Management Inc. lifted its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 119.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 438 shares of the company’s stock worth $52,000 after purchasing an additional 238 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 2,000.0% during the 4th quarter. Private Trust Co. NA now owns 525 shares of the company’s stock valued at $63,000 after purchasing an additional 500 shares during the last quarter.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Trading Up 1.5 %

Shares of NASDAQ:GRID opened at $118.14 on Friday. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a twelve month low of $99.78 and a twelve month high of $129.02. The company has a 50 day moving average of $114.83 and a 200-day moving average of $120.35. The firm has a market cap of $2.06 billion, a P/E ratio of 21.21 and a beta of 1.25.

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

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1394 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.47%.

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.