First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Sees Large Decline in Short Interest

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 462 shares, a decrease of 70.5% from the September 30th total of 1,565 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,676 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in First Trust Lunt U.S. Factor Rotation ETF stock. Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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.

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

BATS FCTR opened at $35.67 on Thursday. The company has a market capitalization of $67.77 million, a PE ratio of 30.34 and a beta of 1.10. The business’s fifty day moving average is $38.21 and its 200 day moving average is $38.15. First Trust Lunt U.S. Factor Rotation ETF has a fifty-two week low of $32.11 and a fifty-two week high of $41.36.

First Trust Lunt U.S. Factor Rotation ETF Company Profile

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.