First Trust Nasdaq Bank ETF Stock Forecast, Price & News

Wall Street analysts have given First Trust Nasdaq Bank ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Nasdaq Bank ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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First Trust Nasdaq Bank ETF saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 23,100 shares, a decline of 91.9% from the March 15th total of 283,800 shares. Based on an average daily volume of 115,100 shares, the days-to-cover ratio is presently 0.2 days.
View First Trust Nasdaq Bank ETF's Short Interest.

First Trust Nasdaq Bank ETF's stock was trading at $17.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FTXO stock has increased by 78.0% and is now trading at $31.75.
View which stocks have been most impacted by COVID-19.

First Trust Nasdaq Bank ETF declared a quarterly dividend on Wednesday, December 23rd. Shareholders of record on Monday, December 28th will be given a dividend of $0.176 per share on Thursday, December 31st. This represents a $0.70 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Thursday, December 24th. This is a boost from First Trust Nasdaq Bank ETF's previous quarterly dividend of $0.15.
View First Trust Nasdaq Bank ETF's dividend history.

First Trust Nasdaq Bank ETF pays an annual dividend of $0.59 per share and currently has a dividend yield of 1.87%.
View First Trust Nasdaq Bank ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Nasdaq Bank ETF investors own include (PRMW), JBS (JBSAY), Fidelity Limited Term Bond ETF (FLTB), Foot Locker (FL), Fortune Brands Home & Security (FBHS), Ellie Mae (ELLI) and Boxlight (BOXL).

First Trust Nasdaq Bank ETF trades on the NASDAQ under the ticker symbol "FTXO."

Shares of FTXO 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 FTXO stock can currently be purchased for approximately $31.75.

First Trust Nasdaq Bank ETF has a market capitalization of $236.54 million.