First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Up 6.4% in November

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 66,600 shares, a growth of 6.4% from the November 15th total of 62,600 shares. Based on an average daily trading volume, of 236,000 shares, the short-interest ratio is presently 0.3 days.

First Trust Capital Strength ETF Trading Down 0.3 %

FTCS traded down $0.30 during trading on Tuesday, hitting $89.53. The company’s stock had a trading volume of 286,300 shares, compared to its average volume of 300,834. First Trust Capital Strength ETF has a twelve month low of $78.82 and a twelve month high of $94.23. The firm has a market capitalization of $8.84 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The business’s fifty day simple moving average is $91.66 and its 200 day simple moving average is $88.66.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.4043 dividend. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust Capital Strength ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brookstone Capital Management lifted its stake in shares of First Trust Capital Strength ETF by 7.4% during the second quarter. Brookstone Capital Management now owns 5,990 shares of the company’s stock worth $520,000 after purchasing an additional 415 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Capital Strength ETF by 5.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after acquiring an additional 190,799 shares during the last quarter. First Horizon Advisors Inc. raised its stake in First Trust Capital Strength ETF by 1.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 122,148 shares of the company’s stock valued at $10,265,000 after purchasing an additional 1,223 shares during the period. Focus Financial Network Inc. increased its stake in shares of First Trust Capital Strength ETF by 30.8% in the second quarter. Focus Financial Network Inc. now owns 11,346 shares of the company’s stock worth $985,000 after acquiring an additional 2,673 shares during the last quarter. Finally, Investment Planning Advisors Inc. acquired a new position in First Trust Capital Strength ETF during the second quarter worth $688,000.

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).