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Short Interest in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Rises By 76.4%

Written by MarketBeat
September 8, 2025
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund logo with background

Key Points

  • Short interest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) rose by 76.4% in August, with a total of 193,500 shares short as of August 15th.
  • The fund's stock has seen a slight increase, up 0.4% to $143.26, with a market cap of $2.96 billion and a price-to-earnings ratio of 23.47.
  • The company recently announced an increase in its quarterly dividend, raising it from $0.14 to $0.8347, providing an annualized yield of 2.3%.
  • Five stocks we like better than First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totaling 193,500 shares, agrowthof76.4% from the July 31st total of 109,700 shares. Based on an average daily volume of 186,500 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 186,500 shares, the days-to-cover ratio is currently 1.0 days.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Up 0.4%

Shares of GRID stock traded up $0.63 during mid-day trading on Friday, hitting $143.26. 166,432 shares of the company's stock were exchanged, compared to its average volume of 173,188. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 23.47 and a beta of 1.25. The stock has a 50-day simple moving average of $142.05 and a two-hundred day simple moving average of $128.74. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a fifty-two week low of $99.78 and a fifty-two week high of $145.49.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a $0.8347 dividend. This is an increase from First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund's previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $3.34 annualized dividend and a dividend yield of 2.3%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Rathbones Group PLC raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 0.4% in the 2nd quarter. Rathbones Group PLC now owns 17,262 shares of the company's stock worth $2,400,000 after buying an additional 72 shares during the period. CreativeOne Wealth LLC raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 4.3% in the 1st quarter. CreativeOne Wealth LLC now owns 1,951 shares of the company's stock worth $221,000 after buying an additional 80 shares during the period. SGL Investment Advisors Inc. raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 2.1% in the 4th quarter. SGL Investment Advisors Inc. now owns 4,154 shares of the company's stock worth $502,000 after buying an additional 86 shares during the period. Creative Planning raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 4.3% in the 2nd quarter. Creative Planning now owns 2,128 shares of the company's stock worth $296,000 after buying an additional 87 shares during the period. Finally, Capital Investment Advisory Services LLC raised its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 5.2% in the 1st quarter. Capital Investment Advisory Services LLC now owns 1,851 shares of the company's stock worth $209,000 after buying an additional 91 shares during the period.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

(Get Free Report)

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.

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