First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Short Interest Down 13.0% in January

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 105,400 shares, a decrease of 13.0% from the December 31st total of 121,100 shares. Based on an average daily trading volume, of 107,100 shares, the days-to-cover ratio is presently 1.0 days.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

NASDAQ TDIV opened at $80.75 on Monday. The stock’s 50-day moving average is $80.10 and its two-hundred day moving average is $78.70. First Trust NASDAQ Technology Dividend Index Fund has a fifty-two week low of $65.07 and a fifty-two week high of $83.57. The firm has a market cap of $2.94 billion, a P/E ratio of 26.61 and a beta of 1.00.

First Trust NASDAQ Technology Dividend Index Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.446 per share. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust NASDAQ Technology Dividend Index Fund

Several hedge funds have recently modified their holdings of the business. Truist Financial Corp lifted its position in First Trust NASDAQ Technology Dividend Index Fund by 6.7% in the second quarter. Truist Financial Corp now owns 49,033 shares of the company’s stock worth $3,710,000 after purchasing an additional 3,088 shares during the period. Sanctuary Advisors LLC bought a new stake in First Trust NASDAQ Technology Dividend Index Fund in the second quarter valued at about $1,489,000. Centaurus Financial Inc. acquired a new position in First Trust NASDAQ Technology Dividend Index Fund in the second quarter worth about $107,000. Private Client Services LLC acquired a new position in First Trust NASDAQ Technology Dividend Index Fund in the third quarter worth about $336,000. Finally, WealthBridge Capital Management LLC lifted its stake in First Trust NASDAQ Technology Dividend Index Fund by 3.9% during the third quarter. WealthBridge Capital Management LLC now owns 5,368 shares of the company’s stock worth $431,000 after purchasing an additional 203 shares during the period.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.