First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Sees Large Increase in Short Interest

First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 327,500 shares, an increase of 18.1% from the August 31st total of 277,400 shares. Based on an average daily volume [...]

featured-image

First Trust NASDAQ Rising Dividend Achievers ( NASDAQ:RDVY – Get Free Report ) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 327,500 shares, an increase of 18.1% from the August 31st total of 277,400 shares.

Based on an average daily volume of 700,200 shares, the days-to-cover ratio is presently 0.5 days. Institutional Inflows and Outflows Several hedge funds have recently added to or reduced their stakes in RDVY.



ORBA Wealth Advisors L.L.C.

bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $4,565,000. FinTrust Capital Advisors LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $230,000. Steward Partners Investment Solutions LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $1,903,000.

Oppenheimer & Co. Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 25.

4% during the 4th quarter. Oppenheimer & Co. Inc.

now owns 110,903 shares of the company’s stock worth $5,730,000 after purchasing an additional 22,488 shares in the last quarter. Finally, Cetera Advisor Networks LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 11.4% during the 4th quarter.

Cetera Advisor Networks LLC now owns 816,415 shares of the company’s stock worth $42,184,000 after purchasing an additional 83,474 shares in the last quarter. First Trust NASDAQ Rising Dividend Achievers Stock Up 0.3 % RDVY traded up $0.

20 during trading on Friday, reaching $58.95. 1,467,454 shares of the company’s stock were exchanged, compared to its average volume of 730,669.

The company has a market capitalization of $11.73 billion, a P/E ratio of 10.08 and a beta of 1.

15. The business has a 50 day moving average price of $57.13 and a 200 day moving average price of $55.

71. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $43.30 and a fifty-two week high of $59.

38. First Trust NASDAQ Rising Dividend Achievers Cuts Dividend About First Trust NASDAQ Rising Dividend Achievers ( Get Free Report ) The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends.

RDVY was launched on Jan 6, 2014 and is managed by First Trust. Read More Five stocks we like better than First Trust NASDAQ Rising Dividend Achievers What is Forex and How Does it Work? Simon Property REIT: A Safe Bet for Growth and Steady Dividends Technology Stocks Explained: Here’s What to Know About Tech CarMax’s Impressive Rally: What Investors Should Watch Next Special Purpose Acquisition Company (SPAC) What You Need to Know MarketBeat Week in Review – 9/23 – 9/27 Receive News & Ratings for First Trust NASDAQ Rising Dividend Achievers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ Rising Dividend Achievers and related companies with MarketBeat.com's FREE daily email newsletter .

.