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

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

Institutional Investors Weigh In On First Trust Capital Strength ETF

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its position 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 valued at $818,000 after buying an additional 419 shares during the last quarter. Fisher Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $249,000. Sequoia Financial Advisors LLC purchased a new stake in First Trust Capital Strength ETF during the third quarter valued at approximately $401,000. Truvestments Capital LLC acquired a new stake in First Trust Capital Strength ETF in the third quarter valued at approximately $2,714,000. Finally, Concurrent Investment Advisors LLC grew its holdings in First Trust Capital Strength ETF by 18.8% in the third quarter. Concurrent Investment Advisors LLC now owns 348,993 shares of the company’s stock worth $31,689,000 after purchasing an additional 55,142 shares during the last quarter.

First Trust Capital Strength ETF Stock Down 1.1 %

Shares of NASDAQ:FTCS opened at $89.40 on Friday. The firm has a 50 day moving average of $89.17 and a 200 day moving average of $89.89. The company has a market capitalization of $8.80 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a 52 week low of $81.16 and a 52 week high of $94.23.

First Trust Capital Strength ETF Announces Dividend

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

About First Trust Capital Strength ETF

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).