Short Interest in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) Drops By 87.1%

First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMCGet Free Report) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 1,831 shares, a decline of 87.1% from the February 26th total of 14,206 shares. Based on an average trading volume of 26,374 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 26,374 shares, the short-interest ratio is currently 0.1 days.

First Trust Active Factor Mid Cap ETF Price Performance

Shares of AFMC traded up $0.42 during midday trading on Tuesday, reaching $35.80. The stock had a trading volume of 39,868 shares, compared to its average volume of 31,682. First Trust Active Factor Mid Cap ETF has a 1-year low of $26.73 and a 1-year high of $37.94. The company’s fifty day simple moving average is $36.55 and its two-hundred day simple moving average is $35.07. The company has a market cap of $110.98 million, a price-to-earnings ratio of 13.94 and a beta of 1.05.

Institutional Trading of First Trust Active Factor Mid Cap ETF

Institutional investors have recently bought and sold shares of the business. CacheTech Inc. acquired a new stake in First Trust Active Factor Mid Cap ETF during the 4th quarter worth $269,000. Osaic Holdings Inc. grew its holdings in shares of First Trust Active Factor Mid Cap ETF by 2.7% during the fourth quarter. Osaic Holdings Inc. now owns 66,563 shares of the company’s stock worth $2,294,000 after purchasing an additional 1,755 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of First Trust Active Factor Mid Cap ETF by 11.6% during the fourth quarter. Private Advisor Group LLC now owns 156,507 shares of the company’s stock worth $5,395,000 after purchasing an additional 16,276 shares during the last quarter. &PARTNERS increased its position in shares of First Trust Active Factor Mid Cap ETF by 52.5% during the fourth quarter. &PARTNERS now owns 46,857 shares of the company’s stock worth $1,619,000 after purchasing an additional 16,134 shares in the last quarter. Finally, Royal Bank of Canada acquired a new stake in shares of First Trust Active Factor Mid Cap ETF during the fourth quarter worth about $52,000.

First Trust Active Factor Mid Cap ETF Company Profile

(Get Free Report)

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

Further Reading

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