First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Up 36.9% in March

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 8,900 shares, a growth of 36.9% from the February 28th total of 6,500 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 32,500 shares, the short-interest ratio is presently 0.3 days.

First Trust International Developed Capital Strength ETF Price Performance

Shares of First Trust International Developed Capital Strength ETF stock traded up $0.25 on Tuesday, reaching $36.89. 995 shares of the company were exchanged, compared to its average volume of 30,962. The stock’s 50 day moving average price is $36.47 and its 200-day moving average price is $35.86. The company has a market cap of $177.07 million, a P/E ratio of 20.21 and a beta of 0.84. First Trust International Developed Capital Strength ETF has a 1-year low of $33.06 and a 1-year high of $37.93.

First Trust International Developed Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.1475 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.10. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.60%.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

A number of institutional investors and hedge funds have recently modified their holdings of FICS. JPMorgan Chase & Co. raised its holdings in First Trust International Developed Capital Strength ETF by 59.7% during the third quarter. JPMorgan Chase & Co. now owns 1,247 shares of the company’s stock worth $47,000 after purchasing an additional 466 shares in the last quarter. TD Capital Management LLC increased its position in First Trust International Developed Capital Strength ETF by 49.8% during the fourth quarter. TD Capital Management LLC now owns 2,346 shares of the company’s stock worth $80,000 after buying an additional 780 shares during the period. Coppell Advisory Solutions LLC increased its holdings in shares of First Trust International Developed Capital Strength ETF by 298.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 3,539 shares of the company’s stock valued at $120,000 after acquiring an additional 2,651 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of First Trust International Developed Capital Strength ETF in the fourth quarter valued at about $202,000. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust International Developed Capital Strength ETF during the 4th quarter valued at approximately $296,000.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).