First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Down 74.9% in July

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 90 shares, a decrease of 74.9% from the July 15th total of 358 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 781 shares, the days-to-cover ratio is currently 0.1 days.

First Trust SMID Growth Strength ETF Trading Down 0.4%

Shares of First Trust SMID Growth Strength ETF stock traded down $0.12 during trading hours on Friday, reaching $34.03. The stock had a trading volume of 1,000 shares, compared to its average volume of 2,110. The firm has a market capitalization of $32.33 million, a price-to-earnings ratio of 18.32 and a beta of 0.96. First Trust SMID Growth Strength ETF has a 1 year low of $28.35 and a 1 year high of $34.15. The firm has a 50 day simple moving average of $32.02 and a two-hundred day simple moving average of $30.99.

First Trust SMID Growth Strength ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.0102 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.04 annualized dividend and a yield of 0.1%.

Institutional Investors Weigh In On First Trust SMID Growth Strength ETF

Several institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in shares of First Trust SMID Growth Strength ETF in the 4th quarter valued at $73,000. Osaic Holdings Inc. acquired a new stake in First Trust SMID Growth Strength ETF in the 2nd quarter valued at $168,000. Western Wealth Management LLC raised its position in First Trust SMID Growth Strength ETF by 8.3% in the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock valued at $230,000 after purchasing an additional 577 shares during the period. Citadel Advisors LLC boosted its position in shares of First Trust SMID Growth Strength ETF by 7.2% in the third quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after buying an additional 2,361 shares during the period. Finally, Susquehanna International Group LLP grew its stake in shares of First Trust SMID Growth Strength ETF by 59.5% in the third quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock valued at $1,312,000 after buying an additional 15,668 shares in the last quarter.

About First Trust SMID Growth Strength ETF

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.