First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Down 40.9% in November

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 45,800 shares, a decrease of 40.9% from the November 15th total of 77,500 shares. Based on an average daily volume of 95,000 shares, the short-interest ratio is currently 0.5 days.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

NASDAQ TDIV traded up $1.65 on Friday, hitting $81.09. 77,117 shares of the stock traded hands, compared to its average volume of 96,150. The business’s fifty day moving average is $80.26 and its two-hundred day moving average is $77.70. First Trust NASDAQ Technology Dividend Index Fund has a 12 month low of $61.77 and a 12 month high of $82.43. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.446 per share. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Trading of First Trust NASDAQ Technology Dividend Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of TDIV. Fifth Third Bancorp raised its holdings in First Trust NASDAQ Technology Dividend Index Fund by 138.9% during the 2nd quarter. Fifth Third Bancorp now owns 454 shares of the company’s stock valued at $34,000 after acquiring an additional 264 shares during the period. 1620 Investment Advisors Inc. bought a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the 2nd quarter valued at $47,000. Venturi Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Technology Dividend Index Fund during the 3rd quarter valued at $57,000. Darwin Wealth Management LLC purchased a new stake in First Trust NASDAQ Technology Dividend Index Fund during the 3rd quarter worth about $60,000. Finally, Centaurus Financial Inc. bought a new position in First Trust NASDAQ Technology Dividend Index Fund in the 2nd quarter worth about $107,000.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

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.