First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Stock Short Interest Jumps 228.8%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 29,244 shares, an increase of 228.8% from the August 31st total of 8,894 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 39,709 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Kraematon Investment Advisors Inc. increased its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 68.0% during the second quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock valued at $1,776,000 after purchasing an additional 14,437 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Emerging Markets Human Flourishing ETF by 93.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,783 shares of the company’s stock worth $1,035,000 after purchasing an additional 10,018 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% in the 1st quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock worth $478,000 after buying an additional 2,385 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF in the 1st quarter worth approximately $470,000. Finally, Carlson Financial Inc. bought a new position in First Trust Emerging Markets Human Flourishing ETF during the 2nd quarter valued at approximately $206,000.

First Trust Emerging Markets Human Flourishing ETF Trading Up 1.6%

First Trust Emerging Markets Human Flourishing ETF stock traded up $0.78 on Friday, hitting $50.07. 8,433 shares of the stock traded hands, compared to its average volume of 16,848. First Trust Emerging Markets Human Flourishing ETF has a 1 year low of $29.16 and a 1 year high of $53.33. The firm has a market cap of $147.71 million, a P/E ratio of 11.94 and a beta of 0.99. The business’s fifty day simple moving average is $47.30 and its 200 day simple moving average is $45.37.

First Trust Emerging Markets Human Flourishing ETF Company Profile

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.