First Trust Natural Gas ETF (NYSEARCA:FCG) Stock Short Interest Report for September

First Trust Natural Gas ETF (NYSEARCA:FCG) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 131,888 shares, a decline of 70.0% from the September 15th total of 440,253 shares. Based on an average daily trading volume, of 1,170,769 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.6% of the shares of the stock are short sold.

First Trust Natural Gas ETF Stock Performance

FCG stock traded up $0.41 during trading on Monday, reaching $30.34. 312,081 shares of the company were exchanged, compared to its average volume of 1,045,102. The stock’s 50 day moving average price is $30.29 and its 200 day moving average price is $29.52. First Trust Natural Gas ETF has a 52-week low of $21.76 and a 52-week high of $33.03. The company has a market cap of $655.24 million, a P/E ratio of 10.55 and a beta of 0.59.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC raised its holdings in shares of First Trust Natural Gas ETF by 8.0% in the second quarter. Integrated Wealth Concepts LLC now owns 8,222 shares of the company’s stock worth $219,000 after acquiring an additional 612 shares during the last quarter. Integrity Wealth Advisors Inc. lifted its position in shares of First Trust Natural Gas ETF by 7.4% in the fourth quarter. Integrity Wealth Advisors Inc. now owns 18,736 shares of the company’s stock valued at $439,000 after acquiring an additional 1,299 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of First Trust Natural Gas ETF by 18.1% in the first quarter. Sound Income Strategies LLC now owns 9,192 shares of the company’s stock valued at $282,000 after acquiring an additional 1,406 shares in the last quarter. Tactive Advisors LLC boosted its stake in shares of First Trust Natural Gas ETF by 5.7% during the second quarter. Tactive Advisors LLC now owns 29,727 shares of the company’s stock valued at $791,000 after acquiring an additional 1,615 shares during the last quarter. Finally, Western Wealth Management LLC acquired a new stake in shares of First Trust Natural Gas ETF during the first quarter valued at $60,000.

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.