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Short Interest in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Drops By 48.0%
Short interest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) has significantly decreased by 48.0% in February, totaling 277,974 shares, which represents about 0.7% of its outstanding shares. This reduction implies a low days-to-cover ratio of 0.5 days based on average daily trading volume. Despite this drop in short interest, several institutional investors have either increased or initiated positions in GRID, although these individual stakes remain relatively small.