First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Down 49.3% in June

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 7,265 shares, a decrease of 49.3% from the June 15th total of 14,327 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 23,829 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust International Developed Capital Strength ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust International Developed Capital Strength ETF during the third quarter worth about $50,000. NBC Securities Inc. lifted its position in shares of First Trust International Developed Capital Strength ETF by 41.6% during the 4th quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock valued at $66,000 after acquiring an additional 483 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter valued at approximately $157,000. Kestra Advisory Services LLC purchased a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter worth approximately $177,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of First Trust International Developed Capital Strength ETF during the 4th quarter worth approximately $204,000.

First Trust International Developed Capital Strength ETF Price Performance

First Trust International Developed Capital Strength ETF stock remained flat at $42.10 during midday trading on Friday. The company’s stock had a trading volume of 16,465 shares, compared to its average volume of 25,764. First Trust International Developed Capital Strength ETF has a 12 month low of $37.25 and a 12 month high of $43.38. The company’s fifty day simple moving average is $41.20 and its 200 day simple moving average is $40.72. The company has a market capitalization of $216.81 million, a price-to-earnings ratio of 19.87 and a beta of 0.71.

First Trust International Developed Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.4455 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.