First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Short Interest Up 578.8% in February

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 131,791 shares, an increase of 578.8% from the January 29th total of 19,414 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 110,044 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 110,044 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the company’s stock are sold short.

First Trust Active Factor Large Cap ETF Stock Up 0.7%

First Trust Active Factor Large Cap ETF stock traded up $0.28 during mid-day trading on Wednesday, reaching $40.91. The company had a trading volume of 33,846 shares, compared to its average volume of 90,036. First Trust Active Factor Large Cap ETF has a 52 week low of $29.11 and a 52 week high of $41.05. The firm has a market cap of $490.92 million, a price-to-earnings ratio of 20.95 and a beta of 0.96. The company has a 50 day moving average of $39.99 and a 200-day moving average of $39.05.

Institutional Trading of First Trust Active Factor Large Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AFLG. Advisory Services Network LLC bought a new position in shares of First Trust Active Factor Large Cap ETF in the 3rd quarter valued at about $29,000. Cullen Frost Bankers Inc. raised its stake in shares of First Trust Active Factor Large Cap ETF by 60.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock worth $37,000 after buying an additional 351 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 205.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock valued at $39,000 after buying an additional 665 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 160.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock valued at $51,000 after buying an additional 804 shares during the period. Finally, Rossby Financial LCC boosted its stake in First Trust Active Factor Large Cap ETF by 73.0% in the third quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after acquiring an additional 660 shares during the last quarter.

First Trust Active Factor Large Cap ETF Company Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.