First Trust Indxx Medical Devices ETF (BATS:MDEV) Stock Short Interest Report for September

First Trust Indxx Medical Devices ETF (BATS:MDEV) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 312 shares, a decline of 82.9% from the September 15th total of 1,823 shares. Based on an average daily volume of 678 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s stock are sold short.

First Trust Indxx Medical Devices ETF Stock Performance

Shares of BATS MDEV opened at $20.88 on Monday. The firm’s 50-day moving average price is $20.91 and its 200-day moving average price is $19.73. First Trust Indxx Medical Devices ETF has a 1-year low of $17.85 and a 1-year high of $21.82. The firm has a market capitalization of $2.09 million, a P/E ratio of 29.75 and a beta of 1.05.

First Trust Indxx Medical Devices ETF Company Profile

The First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is managed by First Trust.