First Trust Capital Strength ETF (NASDAQ:FTCS) Sees Significant Increase in Short Interest

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 32,800 shares, an increase of 108.9% from the January 15th total of 15,700 shares. Based on an average daily trading volume, of 278,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in First Trust Capital Strength ETF during the fourth quarter valued at about $559,000. Talon Private Wealth LLC purchased a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth about $4,071,000. Prosperity Consulting Group LLC lifted its holdings in First Trust Capital Strength ETF by 9.2% in the 4th quarter. Prosperity Consulting Group LLC now owns 21,914 shares of the company’s stock worth $1,924,000 after purchasing an additional 1,840 shares in the last quarter. Capital Analysts LLC boosted its stake in First Trust Capital Strength ETF by 9.5% in the 4th quarter. Capital Analysts LLC now owns 19,244 shares of the company’s stock worth $1,690,000 after purchasing an additional 1,670 shares during the period. Finally, Two Sigma Securities LLC raised its position in shares of First Trust Capital Strength ETF by 70.6% during the fourth quarter. Two Sigma Securities LLC now owns 4,005 shares of the company’s stock valued at $352,000 after buying an additional 1,658 shares during the last quarter.

First Trust Capital Strength ETF Trading Down 1.1 %

Shares of NASDAQ:FTCS opened at $89.40 on Friday. First Trust Capital Strength ETF has a 12-month low of $81.16 and a 12-month high of $94.23. The company has a market cap of $8.80 billion, a PE ratio of 21.52 and a beta of 0.86. The stock has a 50 day moving average of $89.17 and a 200 day moving average of $89.89.

First Trust Capital Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.4043 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).