First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 85,200 shares, a growth of 158.2% from the August 31st total of 33,000 shares. Based on an average trading volume of 108,200 shares, the days-to-cover ratio is presently 0.8 days.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Performance
GRID traded up $1.81 during trading hours on Thursday, reaching $128.54. The company’s stock had a trading volume of 135,170 shares, compared to its average volume of 94,386. The company’s 50-day moving average is $118.87 and its 200-day moving average is $117.33. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 52 week low of $85.10 and a 52 week high of $129.02. The firm has a market cap of $1.68 billion, a PE ratio of 29.38 and a beta of 1.25.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be given a $0.2512 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, September 26th.
Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.
Further Reading
- Five stocks we like better than First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
- Basic Materials Stocks Investing
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- Top Stocks Investing in 5G Technology
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- The Role Economic Reports Play in a Successful Investment Strategy
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Receive News & Ratings for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.