First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Short Interest Up 340.3% in June

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 100,067 shares, a growth of 340.3% from the June 15th total of 22,726 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 62,952 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in First Trust Active Factor Large Cap ETF by 226.6% in the 1st quarter. International Assets Investment Management LLC now owns 650 shares of the company’s stock worth $25,000 after acquiring an additional 451 shares during the last quarter. Royal Bank of Canada boosted its position in shares of First Trust Active Factor Large Cap ETF by 192.5% during the 1st quarter. Royal Bank of Canada now owns 699 shares of the company’s stock valued at $27,000 after acquiring an additional 460 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF in the third quarter valued at $29,000. Cullen Frost Bankers Inc. grew its holdings in shares of First Trust Active Factor Large Cap ETF by 60.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock valued at $37,000 after purchasing an additional 351 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in First Trust Active Factor Large Cap ETF by 205.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock worth $39,000 after purchasing an additional 665 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of NYSEARCA AFLG opened at $43.70 on Tuesday. The company has a market cap of $683.90 million, a P/E ratio of 20.95 and a beta of 0.95. The firm’s fifty day moving average is $43.30 and its two-hundred day moving average is $41.19. First Trust Active Factor Large Cap ETF has a 52-week low of $35.95 and a 52-week high of $44.24.

First Trust Active Factor Large Cap ETF Company Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.