First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Short Interest Down 38.6% in January

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

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Great Valley Advisor Group Inc. grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 1.7% in the third quarter. Great Valley Advisor Group Inc. now owns 12,600 shares of the company’s stock valued at $941,000 after purchasing an additional 211 shares in the last quarter. D.A. Davidson & CO. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 1.1% in the 3rd quarter. D.A. Davidson & CO. now owns 28,558 shares of the company’s stock worth $2,132,000 after purchasing an additional 318 shares during the period. tru Independence LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 7.9% during the 4th quarter. tru Independence LLC now owns 4,448 shares of the company’s stock valued at $343,000 after buying an additional 324 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 1.6% during the 4th quarter. Bleakley Financial Group LLC now owns 20,048 shares of the company’s stock valued at $1,544,000 after buying an additional 325 shares in the last quarter. Finally, World Investment Advisors LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% during the third quarter. World Investment Advisors LLC now owns 8,213 shares of the company’s stock valued at $613,000 after buying an additional 326 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.6 %

Shares of NASDAQ:AIRR opened at $79.98 on Friday. The firm has a market capitalization of $3.42 billion, a PE ratio of 23.16 and a beta of 1.25. The company has a 50-day moving average price of $81.03 and a two-hundred day moving average price of $76.53. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $55.94 and a twelve month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0561 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust RBA American Industrial Renaissance ETF Company Profile

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.