First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Short Interest Update

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 600 shares, a growth of 500.0% from the January 31st total of 100 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC lifted its position in shares of First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) by 8.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,525 shares of the company’s stock after acquiring an additional 2,225 shares during the period. Jane Street Group LLC owned about 19.68% of First Trust S-Network E-Commerce ETF worth $1,015,000 at the end of the most recent reporting period.

First Trust S-Network E-Commerce ETF Stock Down 0.9 %

Shares of ISHP traded down $0.34 during midday trading on Friday, hitting $37.82. The company had a trading volume of 26,809 shares, compared to its average volume of 1,518. The stock has a market cap of $5.67 million, a price-to-earnings ratio of 22.90 and a beta of 0.99. The company’s 50 day moving average price is $37.03 and its 200 day moving average price is $35.31. First Trust S-Network E-Commerce ETF has a 52 week low of $28.02 and a 52 week high of $39.84.

First Trust S-Network E-Commerce ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1913 dividend. The ex-dividend date was Friday, December 13th.

First Trust S-Network E-Commerce ETF Company Profile

The First Trust Nasdaq Retail ETF (ISHP) is an exchange-traded fund that is based on the S-Network Global E-Commerce index. The fund tracks an index that provides exposure to the global e-commerce industry. Securities are selected by market-cap and weighted equally. ISHP was launched on Sep 20, 2016 and is managed by First Trust.