First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Short Interest Update

Posted by Renee Jackson on Jan 31st, 2025

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Get Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 25,900 shares, an increase of 208.3% from the December 31st total of 8,400 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 2.3 days.

First Trust Nasdaq Food & Beverage ETF Price Performance

Shares of NASDAQ FTXG opened at $22.83 on Friday. First Trust Nasdaq Food & Beverage ETF has a one year low of $21.88 and a one year high of $26.05. The firm has a market cap of $22.83 million, a price-to-earnings ratio of 19.00 and a beta of 0.60. The stock’s fifty day moving average price is $23.26 and its two-hundred day moving average price is $24.31.

First Trust Nasdaq Food & Beverage ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.1965 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Trust Nasdaq Food & Beverage ETF stock. Jane Street Group LLC bought a new stake in First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,061 shares of the company’s stock, valued at approximately $258,000. Jane Street Group LLC owned approximately 0.77% of First Trust Nasdaq Food & Beverage ETF as of its most recent filing with the SEC.

About First Trust Nasdaq Food & Beverage ETF

(Get Free Report)

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.