First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Short Interest Up 84.2% in September

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 17,500 shares, an increase of 84.2% from the September 15th total of 9,500 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 7.6 days.

Institutional Trading of First Trust S&P 500 Diversified Dividend Aristocrats ETF

Several large investors have recently bought and sold shares of the company. Private Portfolio Partners LLC purchased a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the first quarter valued at $309,000. Nations Financial Group Inc. IA ADV boosted its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.0% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 17,543 shares of the company’s stock valued at $551,000 after buying an additional 350 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the first quarter valued at about $734,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Price Performance

Shares of KNGZ opened at $34.47 on Monday. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 12 month low of $25.74 and a 12 month high of $34.53. The stock’s 50-day moving average is $33.27 and its two-hundred day moving average is $32.10. The stock has a market cap of $39.64 million, a PE ratio of 15.51 and a beta of 0.83.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.203 per share. This represents a $0.81 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Company Profile

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.