First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Up 1,760.0% in December

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 18,600 shares, an increase of 1,760.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Brown Financial Advisors acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF in the second quarter valued at approximately $39,000. Ashton Thomas Private Wealth LLC bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at about $64,000. Stifel Financial Corp acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the third quarter valued at approximately $201,000. IHT Wealth Management LLC bought a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the third quarter worth approximately $205,000. Finally, Mattson Financial Services LLC bought a new position in First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter worth $464,000.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

Shares of NASDAQ:LEGR opened at $45.97 on Tuesday. First Trust Indxx Innovative Transaction & Process ETF has a one year low of $37.28 and a one year high of $48.84. The stock has a market cap of $85.04 million, a price-to-earnings ratio of 13.52 and a beta of 0.97. The company has a 50 day moving average of $46.98 and a 200-day moving average of $45.78.

First Trust Indxx Innovative Transaction & Process ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.2212 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Indxx Innovative Transaction & Process ETF

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.