First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Short Interest Update

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 321 shares, a decline of 55.7% from the April 15th total of 724 shares. Based on an average trading volume of 2,138 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

First Trust Lunt U.S. Factor Rotation ETF Price Performance

Shares of FCTR stock opened at $38.08 on Friday. First Trust Lunt U.S. Factor Rotation ETF has a 1 year low of $32.11 and a 1 year high of $39.07. The firm has a fifty day moving average price of $36.68 and a 200-day moving average price of $36.42. The company has a market cap of $72.35 million, a price-to-earnings ratio of 30.34 and a beta of 1.10.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Camelot Portfolios LLC bought a new position in First Trust Lunt U.S. Factor Rotation ETF in the 4th quarter worth $108,000. Orion Porfolio Solutions LLC purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF during the 2nd quarter valued at about $201,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF during the 4th quarter valued at about $216,000. Farther Finance Advisors LLC raised its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 116.9% during the 4th quarter. Farther Finance Advisors LLC now owns 11,493 shares of the company’s stock valued at $410,000 after buying an additional 6,195 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in First Trust Lunt U.S. Factor Rotation ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 49,224 shares of the company’s stock worth $1,522,000 after purchasing an additional 353 shares during the period.

About First Trust Lunt U.S. Factor Rotation ETF

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.