First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Short Interest Up 271.3% in June

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 698 shares, an increase of 271.3% from the June 15th total of 188 shares. Based on an average daily trading volume, of 2,120 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

First Trust Lunt U.S. Factor Rotation ETF Price Performance

Shares of FCTR stock traded down $0.17 during mid-day trading on Friday, hitting $40.24. The stock had a trading volume of 186 shares, compared to its average volume of 2,585. The firm has a market cap of $76.46 million, a PE ratio of 30.34 and a beta of 1.10. The company’s 50-day simple moving average is $39.72 and its 200-day simple moving average is $37.76. First Trust Lunt U.S. Factor Rotation ETF has a fifty-two week low of $32.11 and a fifty-two week high of $41.36.

Institutional Trading of First Trust Lunt U.S. Factor Rotation ETF

A number of institutional investors have recently modified their holdings of FCTR. Goldman Sachs Group Inc. lifted its holdings in First Trust Lunt U.S. Factor Rotation ETF by 1.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,453 shares of the company’s stock valued at $2,156,000 after acquiring an additional 1,016 shares during the period. Farther Finance Advisors LLC boosted its holdings in First Trust Lunt U.S. Factor Rotation ETF by 116.9% during the fourth quarter. Farther Finance Advisors LLC now owns 11,493 shares of the company’s stock worth $410,000 after buying an additional 6,195 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $216,000. Orion Porfolio Solutions LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the second quarter worth about $201,000. Finally, Camelot Portfolios LLC purchased a new position in First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter valued at about $108,000.

About First Trust Lunt U.S. Factor Rotation ETF

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.