First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Down 94.3% in February

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 4,597 shares, a decline of 94.3% from the January 29th total of 80,388 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 173,682 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 173,682 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

Shares of TDIV stock opened at $98.97 on Friday. First Trust NASDAQ Technology Dividend Index Fund has a fifty-two week low of $62.54 and a fifty-two week high of $103.15. The stock has a 50 day simple moving average of $98.57 and a two-hundred day simple moving average of $97.52. The company has a market cap of $3.79 billion, a P/E ratio of 25.63 and a beta of 1.09.

First Trust NASDAQ Technology Dividend Index Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.4949 dividend. The ex-dividend date was Friday, December 12th. This represents a $1.98 annualized dividend and a dividend yield of 2.0%. This is an increase from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.28.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

A number of large investors have recently bought and sold shares of TDIV. Allspring Global Investments Holdings LLC acquired a new position in shares of First Trust NASDAQ Technology Dividend Index Fund during the fourth quarter valued at about $27,000. Ameriflex Group Inc. bought a new stake in First Trust NASDAQ Technology Dividend Index Fund in the 3rd quarter valued at about $30,000. Cullen Frost Bankers Inc. acquired a new position in First Trust NASDAQ Technology Dividend Index Fund during the 3rd quarter worth approximately $36,000. Smartleaf Asset Management LLC raised its stake in First Trust NASDAQ Technology Dividend Index Fund by 97.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 469 shares of the company’s stock worth $46,000 after buying an additional 231 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its holdings in First Trust NASDAQ Technology Dividend Index Fund by 202.5% in the fourth quarter. Capital Investment Advisory Services LLC now owns 481 shares of the company’s stock worth $47,000 after acquiring an additional 322 shares in the last quarter.

About First Trust NASDAQ Technology Dividend Index Fund

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.