First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) Short Interest Update

First Trust Active Global Quality Income ETF (NYSEARCA:AGQI) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 19,194 shares, a growth of 85.3% from the January 29th total of 10,356 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 8,014 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily volume of 8,014 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.6% of the shares of the company are sold short.

First Trust Active Global Quality Income ETF Stock Performance

AGQI stock opened at $18.26 on Monday. First Trust Active Global Quality Income ETF has a 52 week low of $12.44 and a 52 week high of $18.36. The company’s 50-day simple moving average is $17.36 and its 200 day simple moving average is $16.53. The company has a market capitalization of $60.81 million, a PE ratio of 18.15 and a beta of 0.91.

First Trust Active Global Quality Income ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.0772 dividend. This represents a $0.31 dividend on an annualized basis and a yield of 1.7%. This is a boost from First Trust Active Global Quality Income ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, December 12th.

Hedge Funds Weigh In On First Trust Active Global Quality Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Virtu Financial LLC lifted its holdings in shares of First Trust Active Global Quality Income ETF by 152.2% during the 4th quarter. Virtu Financial LLC now owns 26,720 shares of the company’s stock worth $441,000 after acquiring an additional 16,124 shares during the period. Prospera Financial Services Inc raised its position in First Trust Active Global Quality Income ETF by 15.3% during the fourth quarter. Prospera Financial Services Inc now owns 56,358 shares of the company’s stock valued at $930,000 after purchasing an additional 7,462 shares in the last quarter. Global Retirement Partners LLC bought a new stake in First Trust Active Global Quality Income ETF during the fourth quarter worth $547,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust Active Global Quality Income ETF in the 4th quarter valued at $105,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of First Trust Active Global Quality Income ETF by 41.2% in the 3rd quarter. Susquehanna International Group LLP now owns 44,872 shares of the company’s stock valued at $718,000 after purchasing an additional 13,099 shares in the last quarter.

First Trust Active Global Quality Income ETF Company Profile

The First Trust Active Global Quality Income ETF -VIII- (AGQI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of globally listed dividend-paying equities selected using fundamental analysis. The fund seeks to provide income with the potential for long-term capital appreciation AGQI was launched on Sep 24, 2015 and is issued by First Trust.