First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Sees Large Growth in Short Interest

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 79,400 shares, a growth of 303.0% from the November 15th total of 19,700 shares. Based on an average daily trading volume, of 30,400 shares, the days-to-cover ratio is presently 2.6 days.

First Trust International Developed Capital Strength ETF Trading Down 0.5 %

FICS stock traded down $0.17 during trading on Friday, hitting $35.03. The company had a trading volume of 7,549 shares, compared to its average volume of 27,943. The business has a 50-day moving average of $35.80 and a 200-day moving average of $35.61. First Trust International Developed Capital Strength ETF has a one year low of $32.80 and a one year high of $37.93. The stock has a market cap of $150.63 million, a PE ratio of 17.06 and a beta of 0.84.

First Trust International Developed Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1032 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

Institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC bought a new position in shares of First Trust International Developed Capital Strength ETF during the 2nd quarter worth approximately $31,000. TD Capital Management LLC bought a new position in shares of First Trust International Developed Capital Strength ETF during the 2nd quarter worth approximately $52,000. VitalStone Financial LLC lifted its holdings in shares of First Trust International Developed Capital Strength ETF by 12.6% in the 2nd quarter. VitalStone Financial LLC now owns 2,957 shares of the company’s stock worth $101,000 after purchasing an additional 332 shares in the last quarter. Private Client Services LLC bought a new position in shares of First Trust International Developed Capital Strength ETF in the 3rd quarter worth $301,000. Finally, Gladstone Institutional Advisory LLC lifted its holdings in shares of First Trust International Developed Capital Strength ETF by 20.3% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 10,927 shares of the company’s stock worth $410,000 after purchasing an additional 1,845 shares in the last quarter.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).