Short Interest in First Trust Capital Strength ETF (NASDAQ:FTCS) Rises By 6.4%

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 66,600 shares, a growth of 6.4% from the November 15th total of 62,600 shares. Based on an average trading volume of 236,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On First Trust Capital Strength ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Capital Strength ETF in the third quarter worth about $29,000. Asset Dedication LLC acquired a new stake in First Trust Capital Strength ETF during the second quarter valued at approximately $31,000. EverSource Wealth Advisors LLC bought a new stake in First Trust Capital Strength ETF during the second quarter worth approximately $32,000. ORG Partners LLC acquired a new position in First Trust Capital Strength ETF in the third quarter worth approximately $64,000. Finally, Pinnacle Bancorp Inc. increased its holdings in shares of First Trust Capital Strength ETF by 39.1% in the third quarter. Pinnacle Bancorp Inc. now owns 1,188 shares of the company’s stock valued at $108,000 after buying an additional 334 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS traded down $0.38 during midday trading on Tuesday, reaching $89.45. 188,384 shares of the company traded hands, compared to its average volume of 300,233. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock has a 50-day moving average price of $91.66 and a 200 day moving average price of $88.66. First Trust Capital Strength ETF has a 52 week low of $78.82 and a 52 week high of $94.23.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.4043 dividend. The ex-dividend date is Friday, December 13th.

First Trust Capital Strength ETF Company Profile

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).