First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Down 51.8% in December

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 155,086 shares, a decline of 51.8% from the December 15th total of 322,012 shares. Based on an average daily volume of 470,327 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 470,327 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of First Trust RBA American Industrial Renaissance ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AIRR. Dakota Wealth Management acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $5,235,000. CoreCap Advisors LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 19.1% in the fourth quarter. CoreCap Advisors LLC now owns 6,646 shares of the company’s stock worth $653,000 after acquiring an additional 1,067 shares in the last quarter. Guerra Pan Advisors LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% in the 4th quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock valued at $1,331,000 after acquiring an additional 108 shares during the last quarter. Flagstar Advisors Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at about $302,000. Finally, Signal Advisors Wealth LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.1% during the 4th quarter. Signal Advisors Wealth LLC now owns 3,437 shares of the company’s stock valued at $338,000 after purchasing an additional 166 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.8%

Shares of AIRR opened at $109.69 on Wednesday. The firm has a market capitalization of $7.38 billion, a PE ratio of 21.40 and a beta of 1.29. The firm has a 50-day moving average price of $99.42 and a 200 day moving average price of $94.35. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $110.21.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.0276 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.1%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Friday, December 12th.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.