First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Sees Significant Increase in Short Interest

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,200 shares, an increase of 357.1% from the October 31st total of 700 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 1.0 days.

First Trust SMID Capital Strength ETF Stock Up 0.3 %

FSCS traded up $0.13 on Friday, hitting $38.24. 782 shares of the company traded hands, compared to its average volume of 2,616. The stock’s 50 day moving average is $36.07. First Trust SMID Capital Strength ETF has a 12-month low of $28.46 and a 12-month high of $38.61.

First Trust SMID Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0695 per share. This represents a $0.28 annualized dividend and a yield of 0.73%. The ex-dividend date was Thursday, September 26th.