First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Short Interest Update

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 35,900 shares, a growth of 99.4% from the January 31st total of 18,000 shares. Based on an average daily trading volume, of 48,000 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On First Trust NASDAQ ABA Community Bank Index Fund

Several large investors have recently made changes to their positions in QABA. LPL Financial LLC boosted its position in shares of First Trust NASDAQ ABA Community Bank Index Fund by 79.2% during the 4th quarter. LPL Financial LLC now owns 151,165 shares of the company’s stock valued at $8,398,000 after acquiring an additional 66,817 shares during the last quarter. Wells Fargo & Company MN boosted its position in First Trust NASDAQ ABA Community Bank Index Fund by 178.2% in the 4th quarter. Wells Fargo & Company MN now owns 109,794 shares of the company’s stock valued at $6,099,000 after buying an additional 70,324 shares during the period. Truist Financial Corp increased its holdings in First Trust NASDAQ ABA Community Bank Index Fund by 6.3% during the 4th quarter. Truist Financial Corp now owns 36,604 shares of the company’s stock worth $2,033,000 after purchasing an additional 2,184 shares during the period. Susquehanna International Group LLP purchased a new stake in First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter worth about $2,012,000. Finally, Citadel Advisors LLC boosted its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 20.3% during the fourth quarter. Citadel Advisors LLC now owns 33,771 shares of the company’s stock valued at $1,876,000 after purchasing an additional 5,702 shares in the last quarter.

First Trust NASDAQ ABA Community Bank Index Fund Trading Up 0.9 %

NASDAQ:QABA traded up $0.50 on Monday, reaching $56.94. 3,694 shares of the stock traded hands, compared to its average volume of 68,405. First Trust NASDAQ ABA Community Bank Index Fund has a 12 month low of $42.52 and a 12 month high of $64.30. The company’s fifty day simple moving average is $56.45 and its 200 day simple moving average is $56.03. The company has a market capitalization of $125.27 million, a price-to-earnings ratio of 14.11 and a beta of 0.92.

First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.3361 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust NASDAQ ABA Community Bank Index Fund

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.