First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Up 1,760.0% in January

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 18,600 shares, an increase of 1,760.0% from the December 31st total of 1,000 shares. Based on an average daily trading volume, of 9,600 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LEGR. Brown Financial Advisors bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at about $39,000. Mattson Financial Services LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter worth approximately $464,000. IHT Wealth Management LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 3rd quarter worth approximately $205,000. Finally, Stifel Financial Corp bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the third quarter valued at approximately $201,000.

First Trust Indxx Innovative Transaction & Process ETF Trading Up 0.3 %

Shares of LEGR traded up $0.16 during midday trading on Tuesday, reaching $48.56. The stock had a trading volume of 8,162 shares, compared to its average volume of 3,127. The firm has a 50 day simple moving average of $47.16 and a 200-day simple moving average of $46.08. The firm has a market cap of $89.83 million, a PE ratio of 13.52 and a beta of 0.97. First Trust Indxx Innovative Transaction & Process ETF has a one year low of $37.28 and a one year high of $48.84.

First Trust Indxx Innovative Transaction & Process 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 dividend of $0.2212 per share. The ex-dividend date was Friday, December 13th.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.