First Trust Natural Gas ETF (NYSEARCA:FCG) Short Interest Update

First Trust Natural Gas ETF (NYSEARCA:FCG) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 246,253 shares, an increase of 102.4% from the February 12th total of 121,650 shares. Based on an average daily volume of 743,390 shares, the short-interest ratio is presently 0.3 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 743,390 shares, the short-interest ratio is presently 0.3 days.

First Trust Natural Gas ETF Stock Up 0.9%

Shares of First Trust Natural Gas ETF stock traded up $0.27 during trading hours on Thursday, reaching $29.38. 1,995,149 shares of the company’s stock were exchanged, compared to its average volume of 1,148,445. The business has a fifty day moving average of $25.86 and a two-hundred day moving average of $24.30. The company has a market capitalization of $592.01 million, a P/E ratio of 10.55 and a beta of 0.87. First Trust Natural Gas ETF has a 1 year low of $18.81 and a 1 year high of $29.68.

Institutional Trading of First Trust Natural Gas ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FCG. Capital Square LLC boosted its stake in shares of First Trust Natural Gas ETF by 5.5% in the third quarter. Capital Square LLC now owns 13,260 shares of the company’s stock valued at $311,000 after purchasing an additional 693 shares during the period. Beck Capital Management LLC lifted its holdings in First Trust Natural Gas ETF by 8.6% during the 4th quarter. Beck Capital Management LLC now owns 11,338 shares of the company’s stock worth $265,000 after buying an additional 900 shares in the last quarter. National Bank of Canada FI boosted its position in First Trust Natural Gas ETF by 4.6% in the 3rd quarter. National Bank of Canada FI now owns 21,855 shares of the company’s stock valued at $513,000 after buying an additional 955 shares during the period. Larson Financial Group LLC boosted its position in First Trust Natural Gas ETF by 38.4% in the 3rd quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock valued at $88,000 after buying an additional 1,040 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of First Trust Natural Gas ETF by 11.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,603 shares of the company’s stock worth $243,000 after acquiring an additional 1,064 shares in the last quarter.

First Trust Natural Gas ETF Company Profile

First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.