First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 72,400 shares, a growth of 373.2% from the February 13th total of 15,300 shares. Based on an average daily trading volume, of 292,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Capital Strength ETF Trading Down 1.3 %

FTCS stock traded down $1.14 during trading on Wednesday, hitting $87.40. The company had a trading volume of 373,623 shares, compared to its average volume of 307,288. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23. The company has a fifty day moving average price of $89.48 and a two-hundred day moving average price of $90.32. The company has a market cap of $8.60 billion, a P/E ratio of 23.44 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Capital Strength ETF

Several hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC raised its stake in shares of First Trust Capital Strength ETF by 4.7% during the fourth quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock worth $818,000 after buying an additional 419 shares during the last quarter. Fisher Asset Management LLC acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter worth $249,000. Blue Trust Inc. raised its position in shares of First Trust Capital Strength ETF by 2,593.6% during the 4th quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after acquiring an additional 2,023 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at $2,714,000. Finally, US Bancorp DE boosted its position in shares of First Trust Capital Strength ETF by 7.5% in the 4th quarter. US Bancorp DE now owns 10,880 shares of the company’s stock worth $955,000 after purchasing an additional 761 shares during the last quarter.

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).