First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Short Interest Update

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSMGet Free Report) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 6,906 shares, a decrease of 49.3% from the February 26th total of 13,612 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 18,085 shares, the short-interest ratio is currently 0.4 days.

First Trust Active Factor Small Cap ETF Trading Down 1.5%

NYSEARCA AFSM traded down $0.50 during trading on Friday, hitting $32.31. 29,177 shares of the company traded hands, compared to its average volume of 20,527. First Trust Active Factor Small Cap ETF has a 12 month low of $24.42 and a 12 month high of $35.32. The business has a fifty day simple moving average of $34.08 and a 200 day simple moving average of $33.24. The company has a market capitalization of $72.70 million, a P/E ratio of 13.11 and a beta of 1.04.

Institutional Investors Weigh In On First Trust Active Factor Small Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisortrust Partners LLC bought a new stake in First Trust Active Factor Small Cap ETF in the 4th quarter valued at $564,000. Crusonia Wealth Advisors LLC acquired a new stake in First Trust Active Factor Small Cap ETF during the fourth quarter worth about $618,000. Cetera Investment Advisers grew its position in First Trust Active Factor Small Cap ETF by 2.3% during the fourth quarter. Cetera Investment Advisers now owns 88,041 shares of the company’s stock worth $2,895,000 after buying an additional 1,974 shares in the last quarter. Osaic Holdings Inc. increased its stake in First Trust Active Factor Small Cap ETF by 11.8% during the fourth quarter. Osaic Holdings Inc. now owns 54,933 shares of the company’s stock valued at $1,806,000 after acquiring an additional 5,780 shares during the period. Finally, Arkadios Wealth Advisors acquired a new position in First Trust Active Factor Small Cap ETF in the 4th quarter valued at approximately $206,000.

About First Trust Active Factor Small Cap ETF

(Get Free Report)

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.

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