First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Update

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,265 shares, a decrease of 49.3% from the June 15th total of 14,327 shares. Based on an average daily volume of 23,829 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in First Trust International Developed Capital Strength ETF by 221.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,490 shares of the company’s stock worth $216,000 after purchasing an additional 3,781 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of First Trust International Developed Capital Strength ETF by 188.3% in the 2nd quarter. Jane Street Group LLC now owns 91,181 shares of the company’s stock valued at $3,588,000 after purchasing an additional 59,553 shares during the period. Private Advisor Group LLC lifted its stake in shares of First Trust International Developed Capital Strength ETF by 1.4% in the 3rd quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock valued at $1,341,000 after purchasing an additional 479 shares during the period. Comerica Bank boosted its holdings in First Trust International Developed Capital Strength ETF by 31.9% during the third quarter. Comerica Bank now owns 11,613 shares of the company’s stock worth $443,000 after buying an additional 2,811 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in First Trust International Developed Capital Strength ETF during the third quarter worth $1,283,000.

First Trust International Developed Capital Strength ETF Trading Down 0.2%

FICS traded down $0.07 during midday trading on Thursday, hitting $42.10. 6,533 shares of the company were exchanged, compared to its average volume of 25,828. The company’s 50 day simple moving average is $41.17 and its 200 day simple moving average is $40.70. The firm has a market capitalization of $216.81 million, a price-to-earnings ratio of 19.87 and a beta of 0.71. First Trust International Developed Capital Strength ETF has a 1-year low of $37.25 and a 1-year high of $43.38.

First Trust International Developed Capital Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $0.4455 per share. This represents a $1.78 annualized dividend and a yield of 4.2%. This is a positive change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, June 25th.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.