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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 3,588 shares, a drop of 40.2% from the February 12th total of 6,004 shares. Based on an average daily volume of 21,971 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 21,971 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Claris Financial LLC purchased a new position in First Trust International Developed Capital Strength ETF in the fourth quarter worth $218,000. VestGen Advisors LLC purchased a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter valued at $3,544,000. Cetera Investment Advisers boosted its position in shares of First Trust International Developed Capital Strength ETF by 1.7% in the 4th quarter. Cetera Investment Advisers now owns 406,386 shares of the company’s stock worth $16,300,000 after purchasing an additional 6,847 shares in the last quarter. Arax Advisory Partners purchased a new position in First Trust International Developed Capital Strength ETF during the 4th quarter worth $348,000. Finally, Kestra Advisory Services LLC purchased a new position in First Trust International Developed Capital Strength ETF during the 4th quarter worth $177,000.

First Trust International Developed Capital Strength ETF Price Performance

First Trust International Developed Capital Strength ETF stock traded down $0.38 during trading hours on Friday, reaching $39.22. The stock had a trading volume of 15,185 shares, compared to its average volume of 31,759. The company has a market cap of $217.67 million, a price-to-earnings ratio of 19.87 and a beta of 0.75. The business’s 50 day moving average price is $40.86 and its 200-day moving average price is $39.55. First Trust International Developed Capital Strength ETF has a 52 week low of $32.79 and a 52 week high of $42.60.

First Trust International Developed Capital Strength ETF Company Profile

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.