Short Interest in First Trust Morningstar Divid Ledr (ETF) (FDL) Drops By 44.9%

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First Trust Morningstar Divid Ledr (ETF) (NYSE:FDL) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 283,823 shares, a drop of 44.9% from the August 15th total of 515,461 shares. Based on an average daily trading volume, of 268,522 shares, the short-interest ratio is presently 1.1 days.
First Trust Morningstar Divid Ledr (NYSE:FDL) opened at 27.10 on Tuesday. The stock’s 50 day moving average is $27.41 and its 200 day moving average is $26.43. First Trust Morningstar Divid Ledr has a 12-month low of $21.73 and a 12-month high of $27.72.
First Trust Morningstar Divid Ledr (ETF) Company Profile

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First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.

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