First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Sees Large Decline in Short Interest

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 1,000 shares, a decline of 9.1% from the November 15th total of 1,100 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.4 days.

First Trust S-Network Future Vehicles & Technology ETF Trading Up 1.3 %

NASDAQ CARZ traded up $0.76 during trading hours on Monday, reaching $60.29. 1,552 shares of the company’s stock were exchanged, compared to its average volume of 2,229. The stock has a market cap of $36.17 million, a PE ratio of 17.65 and a beta of 1.27. 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 firm has a fifty day moving average of $58.02 and a 200-day moving average of $57.55.

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

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.2887 dividend. The ex-dividend date of this dividend is Friday, December 13th.

Hedge Funds Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Several large investors have recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in First Trust S-Network Future Vehicles & Technology ETF by 184,457.7% during the 3rd quarter. International Assets Investment Management LLC now owns 191,940 shares of the exchange traded fund’s stock valued at $11,133,000 after purchasing an additional 191,836 shares during the period. Flow Traders U.S. LLC boosted its stake in First Trust S-Network Future Vehicles & Technology ETF by 92.6% in 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 acquiring an additional 4,750 shares during the last quarter. Stifel Financial Corp grew its holdings in First Trust S-Network Future Vehicles & Technology ETF by 5.4% during the 3rd quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 203 shares during the period. Jane Street Group LLC raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after acquiring an additional 6,651 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter worth $29,000.

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.