First Trust Capital Strength ETF (NASDAQ:FTCS) Sees Large Increase in Short Interest

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 32,800 shares, a growth of 108.9% from the January 15th total of 15,700 shares. Based on an average daily volume of 278,800 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Capital Strength ETF

Several large investors have recently added to or reduced their stakes in FTCS. Raymond James Financial Inc. bought a new stake in First Trust Capital Strength ETF during the fourth quarter valued at $494,019,000. International Assets Investment Management LLC raised its stake in First Trust Capital Strength ETF by 8,647.9% during the third quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock worth $283,718,000 after acquiring an additional 3,088,928 shares during the period. Wealthfront Advisers LLC bought a new position in First Trust Capital Strength ETF in the fourth quarter worth about $59,656,000. Pollock Investment Advisors LLC bought a new position in First Trust Capital Strength ETF in the fourth quarter worth about $48,383,000. Finally, SRS Capital Advisors Inc. boosted its stake in First Trust Capital Strength ETF by 1,793.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 326,589 shares of the company’s stock valued at $28,681,000 after acquiring an additional 309,338 shares during the period.

First Trust Capital Strength ETF Trading Up 0.8 %

First Trust Capital Strength ETF stock traded up $0.74 during midday trading on Thursday, hitting $90.42. The stock had a trading volume of 353,967 shares, compared to its average volume of 310,789. The business has a fifty day moving average price of $89.28 and a 200 day moving average price of $89.87. First Trust Capital Strength ETF has a 12 month low of $81.16 and a 12 month high of $94.23. The stock has a market cap of $8.90 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.4043 dividend. The ex-dividend date was Friday, December 13th.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).