Short Interest in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Grows By 100.0%

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,400 shares, a growth of 100.0% from the January 31st total of 700 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On First Trust S-Network Future Vehicles & Technology ETF

A number of institutional investors have recently modified their holdings of CARZ. Jane Street Group LLC boosted its stake in First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 6,651 shares during the period. Flow Traders U.S. LLC boosted its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the third quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock worth $573,000 after buying an additional 4,750 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 22.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock worth $441,000 after buying an additional 1,380 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF during the third quarter worth about $29,000. Finally, Stifel Financial Corp boosted its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% during the third quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock worth $229,000 after buying an additional 203 shares during the period.

First Trust S-Network Future Vehicles & Technology ETF Stock Down 0.4 %

Shares of NASDAQ CARZ opened at $57.07 on Friday. The business has a 50-day moving average price of $59.17 and a 200 day moving average price of $57.80. The stock has a market cap of $31.39 million, a PE ratio of 17.65 and a beta of 1.27. First Trust S-Network Future Vehicles & Technology ETF has a 52-week low of $50.83 and a 52-week high of $63.10.

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

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2887 per share. The ex-dividend date was Friday, December 13th.

About First Trust S-Network Future Vehicles & Technology ETF

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.