First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Short Interest Update

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 75,500 shares, a growth of 188.2% from the March 15th total of 26,200 shares. Based on an average daily trading volume, of 69,100 shares, the short-interest ratio is presently 1.1 days. Approximately 3.1% of the company's shares are sold short.

Institutional Trading of First Trust NASDAQ ABA Community Bank Index Fund

Several large investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 11.4% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,805 shares of the company's stock valued at $408,000 after purchasing an additional 796 shares during the period. Waverly Advisors LLC bought a new position in First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter worth $208,000. Cetera Investment Advisers purchased a new position in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter valued at $315,000. Citadel Advisors LLC lifted its position in First Trust NASDAQ ABA Community Bank Index Fund by 20.3% during the fourth quarter. Citadel Advisors LLC now owns 33,771 shares of the company's stock valued at $1,876,000 after buying an additional 5,702 shares during the period. Finally, Baird Financial Group Inc. bought a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund during the 4th quarter valued at $300,000.

First Trust NASDAQ ABA Community Bank Index Fund Stock Performance

QABA stock traded up $0.22 on Friday, reaching $48.41. The company's stock had a trading volume of 24,583 shares, compared to its average volume of 65,146. The business has a fifty day simple moving average of $52.40 and a two-hundred day simple moving average of $55.49. The firm has a market cap of $99.24 million, a PE ratio of 11.60 and a beta of 0.92. First Trust NASDAQ ABA Community Bank Index Fund has a 12-month low of $42.68 and a 12-month high of $64.30.

First Trust NASDAQ ABA Community Bank Index Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.3069 dividend. This is an increase from First Trust NASDAQ ABA Community Bank Index Fund's previous quarterly dividend of $0.28. This represents a $1.23 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date was Thursday, March 27th.

About First Trust NASDAQ ABA Community Bank Index Fund

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.