First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Sees Significant Drop in Short Interest

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 800 shares, a drop of 20.0% from the November 15th total of 1,000 shares. Based on an average daily volume of 9,000 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

A number of large investors have recently bought and sold shares of the business. Gradient Investments LLC raised its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 54.2% during the 2nd quarter. Gradient Investments LLC now owns 57,755 shares of the company’s stock worth $2,508,000 after purchasing an additional 20,305 shares during the period. Aptus Capital Advisors LLC bought a new stake in First Trust Indxx Innovative Transaction & Process ETF in the second quarter valued at $37,000. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 6.6% during the second quarter. SRS Capital Advisors Inc. now owns 18,084 shares of the company’s stock valued at $785,000 after acquiring an additional 1,114 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the second quarter worth about $64,000. Finally, Oppenheimer Asset Management Inc. increased its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 10.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 21,815 shares of the company’s stock worth $947,000 after acquiring an additional 2,054 shares during the period.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

Shares of LEGR stock traded down $0.19 on Friday, hitting $47.45. 3,522 shares of the stock traded hands, compared to its average volume of 7,522. The company’s fifty day moving average is $47.10 and its 200 day moving average is $45.31. First Trust Indxx Innovative Transaction & Process ETF has a 1-year low of $37.28 and a 1-year high of $48.84. The company has a market capitalization of $106.76 million, a PE ratio of 13.52 and a beta of 0.97.

First Trust Indxx Innovative Transaction & Process ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.2212 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Indxx Innovative Transaction & Process ETF

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.