First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Short Interest Down 52.2% in August

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,666 shares, a decrease of 52.2% from the August 15th total of 3,485 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,595 shares, the days-to-cover ratio is currently 1.0 days.

First Trust Lunt U.S. Factor Rotation ETF Stock Performance

BATS FCTR opened at $39.62 on Wednesday. The firm has a market cap of $75.28 million, a price-to-earnings ratio of 30.34 and a beta of 1.10. The firm has a 50 day simple moving average of $39.74 and a 200-day simple moving average of $38.65. First Trust Lunt U.S. Factor Rotation ETF has a one year low of $32.11 and a one year high of $41.36.

Hedge Funds Weigh In On First Trust Lunt U.S. Factor Rotation ETF

An institutional investor recently bought a new position in First Trust Lunt U.S. Factor Rotation ETF stock. Integrated Wealth Concepts LLC acquired a new position in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,388 shares of the company’s stock, valued at approximately $97,000. Integrated Wealth Concepts LLC owned 0.13% of First Trust Lunt U.S. Factor Rotation ETF at the end of the most recent quarter.

About First Trust Lunt U.S. Factor Rotation ETF

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.