First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 214,300 shares, a decline of 27.2% from the July 31st total of 294,300 shares. Based on an average daily volume of 424,600 shares, the short-interest ratio is presently 0.5 days.
First Trust Cloud Computing ETF Stock Down 4.2 %
NASDAQ SKYY opened at $70.60 on Friday. First Trust Cloud Computing ETF has a one year low of $61.44 and a one year high of $119.99. The company has a 50-day simple moving average of $70.57 and a 200-day simple moving average of $76.46.
First Trust Cloud Computing ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 27th were paid a $0.036 dividend. The ex-dividend date of this dividend was Friday, June 24th. This represents a $0.14 dividend on an annualized basis and a yield of 0.20%.
Hedge Funds Weigh In On First Trust Cloud Computing ETF
Several institutional investors have recently made changes to their positions in the stock. Provident Wealth Management LLC grew its stake in First Trust Cloud Computing ETF by 1.8% during the 1st quarter. Provident Wealth Management LLC now owns 7,651 shares of the company’s stock worth $693,000 after buying an additional 137 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of First Trust Cloud Computing ETF by 4.0% during the second quarter. International Assets Investment Management LLC now owns 3,593 shares of the company’s stock worth $237,000 after acquiring an additional 139 shares during the last quarter. Highlander Capital Management LLC increased its holdings in shares of First Trust Cloud Computing ETF by 3.2% in the 1st quarter. Highlander Capital Management LLC now owns 4,800 shares of the company’s stock worth $434,000 after acquiring an additional 150 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of First Trust Cloud Computing ETF by 2.0% in the 1st quarter. Vontobel Holding Ltd. now owns 8,365 shares of the company’s stock worth $757,000 after acquiring an additional 165 shares during the period. Finally, CoreCap Advisors LLC lifted its position in First Trust Cloud Computing ETF by 1.3% in the 2nd quarter. CoreCap Advisors LLC now owns 14,338 shares of the company’s stock valued at $945,000 after purchasing an additional 180 shares during the last quarter.
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