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

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 16,600 shares, an increase of 41.9% from the January 15th total of 11,700 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 3.1 days.

Hedge Funds Weigh In On First Trust SMID Capital Strength ETF

A number of hedge funds have recently bought and sold shares of the business. LPL Financial LLC purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $10,406,000. Bullseye Investment Management LLC purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $686,000. FSB Premier Wealth Management Inc. purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $660,000. NewEdge Advisors LLC purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $623,000. Finally, Envestnet Asset Management Inc. purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth approximately $267,000.

First Trust SMID Capital Strength ETF Price Performance

Shares of FSCS stock opened at $36.28 on Friday. The business has a 50-day simple moving average of $36.13 and a 200-day simple moving average of $35.57. First Trust SMID Capital Strength ETF has a 52-week low of $30.50 and a 52-week high of $38.61.

First Trust SMID Capital Strength ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1089 per share. The ex-dividend date of this dividend was Friday, December 13th.