First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Sees Large Drop in Short Interest

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 700 shares, a decline of 69.6% from the January 15th total of 2,300 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.2 days.

First Trust S-Network Future Vehicles & Technology ETF Stock Performance

Shares of CARZ stock traded up $0.24 on Wednesday, reaching $58.21. 174 shares of the company were exchanged, compared to its average volume of 2,063. First Trust S-Network Future Vehicles & Technology ETF has a 1 year low of $50.83 and a 1 year high of $63.10. The company has a market cap of $32.02 million, a price-to-earnings ratio of 17.65 and a beta of 1.27. The business has a 50-day moving average price of $59.07 and a 200 day moving average price of $57.32.

First Trust S-Network Future Vehicles & Technology ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.2887 dividend. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new stake in First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter worth approximately $29,000. Stifel Financial Corp increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock valued at $229,000 after purchasing an additional 203 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 92.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock valued at $573,000 after purchasing an additional 4,750 shares during the last quarter. Jane Street Group LLC increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 69.6% in the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after purchasing an additional 6,651 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 184,457.7% in the 3rd quarter. International Assets Investment Management LLC now owns 191,940 shares of the exchange traded fund’s stock valued at $11,133,000 after purchasing an additional 191,836 shares during the last quarter.

First Trust S-Network Future Vehicles & Technology ETF Company Profile

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.