First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Update

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 236,200 shares, a decrease of 38.6% from the December 15th total of 384,700 shares. Based on an average daily trading volume, of 506,200 shares, the short-interest ratio is presently 0.5 days.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $80.15 on Wednesday. The business has a 50 day simple moving average of $81.50 and a 200 day simple moving average of $75.50. The company has a market capitalization of $3.09 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a one year low of $53.29 and a one year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.0561 dividend. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust RBA American Industrial Renaissance ETF

A number of hedge funds have recently made changes to their positions in AIRR. Morse Asset Management Inc acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $25,000. Farther Finance Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $26,000. Carolinas Wealth Consulting LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter worth approximately $29,000. Howe & Rusling Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $40,000. Finally, Legacy Investment Solutions LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $118,000.

About First Trust RBA American Industrial Renaissance ETF

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.