Short Interest in First Trust Capital Strength ETF (NASDAQ:FTCS) Increases By 43.6%

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 74,178 shares, a growth of 43.6% from the January 15th total of 51,647 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 508,792 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 508,792 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust Capital Strength ETF

A number of large investors have recently modified their holdings of the company. 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 worth $27,000 after buying an additional 246 shares in the last quarter. Davis Capital Management purchased a new position in shares of First Trust Capital Strength ETF during the third quarter worth approximately $28,000. Parallel Advisors LLC raised its stake in shares of First Trust Capital Strength ETF by 140.0% during the fourth quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. BOKF NA bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $28,000. Finally, Princeton Global Asset Management LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $29,000.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS opened at $97.71 on Friday. The firm has a market capitalization of $8.36 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $99.21. The firm has a fifty day moving average of $94.97 and a 200 day moving average of $93.31.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.2607 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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.