Short Interest in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Grows By 100.0%

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,400 shares, a growth of 100.0% from the January 31st total of 700 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter valued at about $29,000. Stifel Financial Corp raised its holdings in First Trust S-Network Future Vehicles & Technology ETF by 5.4% in the third quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 203 shares during the period. Envestnet Asset Management Inc. raised its holdings in First Trust S-Network Future Vehicles & Technology ETF by 22.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 1,380 shares during the period. Flow Traders U.S. LLC lifted its position in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the third quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock valued at $573,000 after buying an additional 4,750 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the third quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock worth $940,000 after buying an additional 6,651 shares during the period.

First Trust S-Network Future Vehicles & Technology ETF Stock Performance

Shares of CARZ stock opened at $57.07 on Friday. First Trust S-Network Future Vehicles & Technology ETF has a one year low of $50.83 and a one year high of $63.10. The company has a 50 day moving average price of $59.17 and a 200 day moving average price of $57.80. The firm has a market capitalization of $31.39 million, a price-to-earnings ratio of 17.65 and a beta of 1.27.

First Trust S-Network Future Vehicles & Technology ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2887 per share. The ex-dividend date was Friday, December 13th.

About First Trust S-Network Future Vehicles & Technology ETF

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.