First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Update

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 211,085 shares, a decrease of 28.3% from the January 15th total of 294,202 shares. Based on an average trading volume of 876,971 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 876,971 shares, the short-interest ratio is presently 0.2 days.

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

A number of institutional investors have recently added to or reduced their stakes in AIRR. Condor Capital Management raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2.1% during the fourth quarter. Condor Capital Management now owns 4,419 shares of the company’s stock valued at $435,000 after acquiring an additional 89 shares during the last quarter. Guerra Pan Advisors LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the fourth quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock worth $1,331,000 after purchasing an additional 108 shares during the last quarter. Archford Capital Strategies LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 2.0% in the fourth quarter. Archford Capital Strategies LLC now owns 5,727 shares of the company’s stock valued at $563,000 after purchasing an additional 110 shares during the period. Barnes Wealth Management Group Inc raised its position in First Trust RBA American Industrial Renaissance ETF by 3.6% during the 2nd quarter. Barnes Wealth Management Group Inc now owns 3,326 shares of the company’s stock worth $271,000 after purchasing an additional 117 shares during the last quarter. Finally, Summit Investment Advisory Services LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 5.6% during the 4th quarter. Summit Investment Advisory Services LLC now owns 2,409 shares of the company’s stock worth $237,000 after purchasing an additional 127 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.6%

Shares of AIRR opened at $119.16 on Monday. The stock has a market cap of $8.30 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $123.54. The business has a 50-day simple moving average of $107.69 and a two-hundred day simple moving average of $99.15.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

About First Trust RBA American Industrial Renaissance ETF

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.