Short Interest in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Decreases By 38.6%

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 236,200 shares, a decrease of 38.6% from the December 15th total of 384,700 shares. Based on an average daily trading volume, of 506,200 shares, the short-interest ratio is presently 0.5 days.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.0 %

AIRR opened at $77.34 on Tuesday. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $53.29 and a 12-month high of $86.95. The business has a 50 day moving average of $81.42 and a 200-day moving average of $75.36.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.0561 per share. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust RBA American Industrial Renaissance ETF

Several large investors have recently modified their holdings of AIRR. Farther Finance Advisors LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $26,000. Jane Street Group LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 184.3% during the third quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock worth $2,244,000 after purchasing an additional 19,481 shares during the period. Janney Montgomery Scott LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 6.0% in the third quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock valued at $2,744,000 after buying an additional 2,090 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 157.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,014 shares of the company’s stock valued at $150,000 after buying an additional 1,233 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth approximately $205,000.

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.