First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 33.6% in February

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 40,727 shares, a decrease of 33.6% from the February 12th total of 61,327 shares. Based on an average trading volume of 301,431 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 301,431 shares, the short-interest ratio is currently 0.1 days.

First Trust Capital Strength ETF Trading Up 0.1%

First Trust Capital Strength ETF stock traded up $0.09 during mid-day trading on Friday, hitting $94.30. The company’s stock had a trading volume of 352,648 shares, compared to its average volume of 475,379. The stock’s fifty day moving average is $96.79 and its two-hundred day moving average is $94.04. The firm has a market capitalization of $8.07 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $99.74.

Hedge Funds Weigh In On First Trust Capital Strength ETF

A number of hedge funds have recently modified their holdings of the business. World Investment Advisors lifted its position in First Trust Capital Strength ETF by 17.5% in the fourth quarter. World Investment Advisors now owns 52,736 shares of the company’s stock valued at $4,879,000 after buying an additional 7,853 shares during the last quarter. Advisortrust Partners LLC purchased a new position in First Trust Capital Strength ETF during the fourth quarter worth about $443,000. Corient Private Wealth LLC acquired a new stake in shares of First Trust Capital Strength ETF during the fourth quarter valued at about $217,000. Bayban purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at approximately $167,000. Finally, BDFS Capital LLC purchased a new stake in shares of First Trust Capital Strength ETF in the 4th quarter valued at approximately $370,000.

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.