Short Interest in First Trust Capital Strength ETF (NASDAQ:FTCS) Expands By 29,500.0%

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 59,200 shares, an increase of 29,500.0% from the September 15th total of 200 shares. Based on an average daily trading volume, of 285,900 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Capital Strength ETF Stock Up 1.0 %

First Trust Capital Strength ETF stock opened at $91.03 on Thursday. The company has a market capitalization of $9.02 billion, a PE ratio of 21.52 and a beta of 0.86. The firm’s fifty day moving average is $89.12 and its 200 day moving average is $85.81. First Trust Capital Strength ETF has a 12-month low of $71.11 and a 12-month high of $91.17.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 1.13%.

Institutional Trading of First Trust Capital Strength ETF

Several large investors have recently made changes to their positions in the company. Kingswood Wealth Advisors LLC boosted its holdings in First Trust Capital Strength ETF by 0.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 42,866 shares of the company’s stock worth $3,603,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank lifted its holdings in shares of First Trust Capital Strength ETF by 0.7% in the 1st quarter. First PREMIER Bank now owns 16,989 shares of the company’s stock worth $1,455,000 after purchasing an additional 125 shares in the last quarter. Clarity Capital Partners LLC grew its position in First Trust Capital Strength ETF by 4.3% in the 1st quarter. Clarity Capital Partners LLC now owns 3,121 shares of the company’s stock valued at $267,000 after purchasing an additional 128 shares during the period. BlueChip Wealth Advisors LLC increased its stake in First Trust Capital Strength ETF by 0.4% during the 1st quarter. BlueChip Wealth Advisors LLC now owns 35,306 shares of the company’s stock valued at $3,024,000 after purchasing an additional 131 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in First Trust Capital Strength ETF by 0.8% during the second quarter. SRS Capital Advisors Inc. now owns 17,102 shares of the company’s stock worth $1,437,000 after buying an additional 138 shares during the last quarter.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).