First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Update

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 90 shares, a drop of 74.9% from the July 15th total of 358 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 781 shares, the short-interest ratio is currently 0.1 days.

First Trust SMID Growth Strength ETF Stock Performance

Shares of NASDAQ FSGS traded down $0.12 during midday trading on Friday, reaching $34.03. 1,009 shares of the company’s stock were exchanged, compared to its average volume of 2,110. First Trust SMID Growth Strength ETF has a 52-week low of $28.35 and a 52-week high of $34.15. The business’s fifty day moving average price is $32.08 and its two-hundred day moving average price is $31.01. The stock has a market capitalization of $32.33 million, a PE ratio of 18.32 and a beta of 0.96.

First Trust SMID Growth Strength ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0102 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On First Trust SMID Growth Strength ETF

A number of institutional investors have recently made changes to their positions in FSGS. Susquehanna International Group LLP boosted its stake in shares of First Trust SMID Growth Strength ETF by 59.5% during the 3rd quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock valued at $1,312,000 after buying an additional 15,668 shares during the last quarter. Osaic Holdings Inc. bought a new stake in shares of First Trust SMID Growth Strength ETF in the second quarter worth $168,000. Kestra Advisory Services LLC acquired a new stake in First Trust SMID Growth Strength ETF in the fourth quarter valued at $73,000. Citadel Advisors LLC raised its holdings in First Trust SMID Growth Strength ETF by 7.2% in the third quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock valued at $1,103,000 after acquiring an additional 2,361 shares in the last quarter. Finally, Western Wealth Management LLC boosted its stake in First Trust SMID Growth Strength ETF by 8.3% during the 4th quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock valued at $230,000 after acquiring an additional 577 shares during the last quarter.

About First Trust SMID Growth Strength ETF

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.