First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Up 80.0% in April

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,800 shares, an increase of 80.0% from the March 31st total of 1,000 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

First Trust S-Network Future Vehicles & Technology ETF Stock Down 1.6 %

CARZ stock opened at $53.05 on Wednesday. The company has a market capitalization of $29.17 million, a P/E ratio of 14.60 and a beta of 1.27. The company has a 50-day simple moving average of $53.68 and a 200 day simple moving average of $56.91. First Trust S-Network Future Vehicles & Technology ETF has a fifty-two week low of $41.10 and a fifty-two week high of $63.10.

Institutional Trading of First Trust S-Network Future Vehicles & Technology ETF

A number of institutional investors have recently made changes to their positions in CARZ. Jane Street Group LLC increased its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the third quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after acquiring an additional 6,651 shares during the period. Stifel Financial Corp increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% during 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 period. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter valued at $29,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 22.2% in the 4th 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 in 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.