First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 134,700 shares, an increase of 97.8% from the September 15th total of 68,100 shares. Based on an average daily trading volume, of 238,400 shares, the short-interest ratio is presently 0.6 days.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at about $27,000. Carolinas Wealth Consulting LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $29,000. Concourse Financial Group Securities Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after purchasing an additional 348 shares during the last quarter. ORG Partners LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $194,000. Finally, Register Financial Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at approximately $199,000.
First Trust RBA American Industrial Renaissance ETF Trading Up 2.3 %
AIRR stock opened at $76.15 on Friday. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The firm has a 50 day moving average of $71.59 and a 200-day moving average of $69.68. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $46.71 and a 12-month high of $76.31.
First Trust RBA American Industrial Renaissance ETF Increases Dividend
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.
Further Reading
- Five stocks we like better than First Trust RBA American Industrial Renaissance ETF
- Bank Stocks – Best Bank Stocks to Invest In
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- Where Do I Find 52-Week Highs and Lows?
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for First Trust RBA American Industrial Renaissance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust RBA American Industrial Renaissance ETF and related companies with MarketBeat.com's FREE daily email newsletter.