First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Short Interest Update

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 16,600 shares, a growth of 41.9% from the January 15th total of 11,700 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is presently 3.1 days.

First Trust SMID Capital Strength ETF Stock Up 1.1 %

NASDAQ FSCS opened at $36.28 on Friday. First Trust SMID Capital Strength ETF has a 52 week low of $30.50 and a 52 week high of $38.61. The stock’s 50-day moving average price is $36.13 and its 200-day moving average price is $35.57.

First Trust SMID Capital Strength ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.1089 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust SMID Capital Strength ETF

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new position in shares of First Trust SMID Capital Strength ETF in the 4th quarter worth approximately $32,000. Pinnacle Bancorp Inc. purchased a new position in shares of First Trust SMID Capital Strength ETF in the 4th quarter worth approximately $31,000. Global Retirement Partners LLC bought a new stake in shares of First Trust SMID Capital Strength ETF during the 4th quarter worth approximately $35,000. Geneos Wealth Management Inc. bought a new stake in shares of First Trust SMID Capital Strength ETF during the 4th quarter worth approximately $39,000. Finally, Concourse Financial Group Securities Inc. bought a new stake in shares of First Trust SMID Capital Strength ETF during the 4th quarter worth approximately $170,000.