First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Sees Significant Increase in Short Interest

First Trust SMID Growth Strength ETF (NASDAQ:FSGS – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 190 shares, a growth of 160.3% from the August 31st total of 73 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,375 shares, the short-interest ratio is presently 0.1 days.

First Trust SMID Growth Strength ETF Stock Performance

First Trust SMID Growth Strength ETF stock traded down $0.28 during midday trading on Monday, reaching $31.77. 137 shares of the company were exchanged, compared to its average volume of 1,923. The firm’s 50-day simple moving average is $33.07 and its 200-day simple moving average is $31.54. First Trust SMID Growth Strength ETF has a 1 year low of $28.35 and a 1 year high of $34.15. The company has a market capitalization of $30.18 million, a price-to-earnings ratio of 18.32 and a beta of 0.96.

About First Trust SMID Growth Strength ETF

(Get Free Report)

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.

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