First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 58,055 shares, a growth of 27.0% from the December 15th total of 45,712 shares. Based on an average daily volume of 353,154 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 353,154 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Trust Capital Strength ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new position in First Trust Capital Strength ETF in the second quarter worth $25,000. EverSource Wealth Advisors LLC boosted its stake in First Trust Capital Strength ETF by 492.0% in the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after acquiring an additional 246 shares during the period. Davis Capital Management bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $28,000. BOKF NA acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $28,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $29,000.

First Trust Capital Strength ETF Stock Down 0.1%

Shares of First Trust Capital Strength ETF stock traded down $0.13 on Friday, hitting $96.06. 381,155 shares of the company’s stock traded hands, compared to its average volume of 527,069. The stock has a market cap of $8.28 billion, a P/E ratio of 21.51 and a beta of 0.80. The firm’s 50-day moving average is $92.86 and its 200 day moving average is $92.53. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $96.43.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.2607 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 1.1%.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.