First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 34,900 shares, a growth of 305.8% from the May 31st total of 8,600 shares. Based on an average daily trading volume, of 304,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of First Trust Capital Strength ETF

Institutional investors have recently added to or reduced their stakes in the stock. Maxwell Wealth Strategies Inc. raised its holdings in First Trust Capital Strength ETF by 6.5% during the first quarter. Maxwell Wealth Strategies Inc. now owns 57,569 shares of the company’s stock worth $4,745,000 after purchasing an additional 3,511 shares during the last quarter. Cetera Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 51.0% in the first quarter. Cetera Advisors LLC now owns 863,428 shares of the company’s stock valued at $73,953,000 after buying an additional 291,774 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Capital Strength ETF by 195.0% during the 1st quarter. Cetera Investment Advisers now owns 1,563,977 shares of the company’s stock worth $133,955,000 after buying an additional 1,033,794 shares during the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth $277,000. Finally, Jaffetilchin Investment Partners LLC boosted its position in shares of First Trust Capital Strength ETF by 1.1% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 27,077 shares of the company’s stock worth $2,319,000 after buying an additional 297 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock traded down $0.15 during midday trading on Friday, reaching $84.04. The company’s stock had a trading volume of 413,274 shares, compared to its average volume of 331,584. The firm has a market capitalization of $8.81 billion, a PE ratio of 21.52 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $71.11 and a fifty-two week high of $86.11. The stock’s 50 day simple moving average is $83.59 and its 200 day simple moving average is $82.65.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 27th will be paid a $0.2843 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Thursday, June 27th.

About First Trust Capital Strength ETF

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).