First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 on January 1st, 2023. Since then, FAAR shares have decreased by 3.4% and is now trading at $28.85.
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First Trust Alternative Absolute Return Strategy ETF saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 32,300 shares, a decline of 47.0% from the August 31st total of 61,000 shares. Based on an average trading volume of 34,600 shares, the days-to-cover ratio is presently 0.9 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest.

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Thursday, September 21st. Stockholders of record on Monday, September 25th will be given a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, September 22nd.
Read our dividend analysis for FAAR.

First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $173.82 million assets under management.

First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FAAR stock can currently be purchased for approximately $28.85.

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $180.31 million.