Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Decreases By 11.3%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 11,000 shares, a drop of 11.3% from the July 15th total of 12,400 shares. Based on an average daily volume of 29,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of First Trust International Developed Capital Strength ETF in the 2nd quarter valued at $31,000. TD Capital Management LLC acquired a new stake in First Trust International Developed Capital Strength ETF during the 2nd quarter worth about $52,000. VitalStone Financial LLC raised its position in shares of First Trust International Developed Capital Strength ETF by 690.7% in the 1st quarter. VitalStone Financial LLC now owns 2,625 shares of the company’s stock worth $92,000 after acquiring an additional 2,293 shares in the last quarter. Raymond James & Associates acquired a new position in shares of First Trust International Developed Capital Strength ETF in the 4th quarter valued at about $207,000. Finally, DHJJ Financial Advisors Ltd. boosted its position in shares of First Trust International Developed Capital Strength ETF by 34.8% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 12,073 shares of the company’s stock valued at $413,000 after purchasing an additional 3,116 shares in the last quarter.

First Trust International Developed Capital Strength ETF Stock Up 0.2 %

Shares of NASDAQ FICS traded up $0.08 during trading on Friday, reaching $35.35. The company had a trading volume of 121,642 shares, compared to its average volume of 28,326. The stock has a market cap of $143.17 million, a P/E ratio of 17.06 and a beta of 0.84. The company’s fifty day moving average price is $34.77 and its 200-day moving average price is $34.55. First Trust International Developed Capital Strength ETF has a 12 month low of $28.86 and a 12 month high of $35.66.

First Trust International Developed Capital Strength ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.3357 dividend. This represents a $1.34 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).