Short interest in the First Trust Nasdaq Pharmaceuticals ETF dropped sharply in January, falling by 40%.

The First Trust Nasdaq Pharmaceuticals ETF (FTXH) saw its short interest drop 40% in January, from 1,500 shares to 900 shares. The ETF's stock price fell $0.13 to $27.74 on Friday, with a trading volume of 3,160 shares. The ETF recently increased its dividend to $0.1304, up from $0.13, paid on December 31st. Launched in 2016, FTXH tracks the 30 most liquid US pharmaceutical companies.

6 weeks ago
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