Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Grows By 884.3%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 2,815 shares, an increase of 884.3% from the July 15th total of 286 shares. Based on an average daily volume of 8,510 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

First Trust Emerging Markets Human Flourishing ETF Price Performance

Shares of FTHF traded up $0.41 during mid-day trading on Tuesday, hitting $45.29. The company’s stock had a trading volume of 1,622 shares, compared to its average volume of 15,535. The firm has a 50-day moving average price of $46.95 and a 200 day moving average price of $43.28. First Trust Emerging Markets Human Flourishing ETF has a fifty-two week low of $26.96 and a fifty-two week high of $53.33. The stock has a market capitalization of $122.28 million, a price-to-earnings ratio of 11.94 and a beta of 0.98.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter valued at $244,000. Cetera Investment Advisers acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth $345,000. Western Wealth Management LLC purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter valued at $470,000. Jane Street Group LLC purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the fourth quarter valued at $769,000. Finally, Susquehanna International Group LLP boosted its position in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% in the 3rd quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock valued at $994,000 after purchasing an additional 9,247 shares during the period.

About First Trust Emerging Markets Human Flourishing ETF

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.