First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Short Interest Update

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYGet Rating) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 131,300 shares, a decrease of 54.6% from the March 31st total of 289,000 shares. Based on an average daily trading volume, of 1,714,400 shares, the days-to-cover ratio is presently 0.1 days.

RDVY opened at $45.40 on Friday. First Trust Rising Dividend Achievers ETF has a 12-month low of $45.31 and a 12-month high of $53.21. The business’s fifty day simple moving average is $48.29 and its 200-day simple moving average is $49.94.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Monday, March 28th were paid a dividend of $0.154 per share. The ex-dividend date was Friday, March 25th. This represents a $0.62 annualized dividend and a yield of 1.36%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dfpg Investments LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 3.0% during the 4th quarter. Dfpg Investments LLC now owns 7,430 shares of the company’s stock worth $370,000 after acquiring an additional 218 shares in the last quarter. Pinnacle Family Advisors LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.1% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 10,960 shares of the company’s stock valued at $520,000 after purchasing an additional 229 shares during the last quarter. Old Port Advisors lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.7% in the 4th quarter. Old Port Advisors now owns 9,002 shares of the company’s stock valued at $469,000 after purchasing an additional 236 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 0.6% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 45,109 shares of the company’s stock valued at $2,336,000 after purchasing an additional 254 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 4.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,707 shares of the company’s stock valued at $347,000 after purchasing an additional 285 shares during the last quarter.

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