First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Up 373.2% in February

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 72,400 shares, an increase of 373.2% from the February 13th total of 15,300 shares. Based on an average daily volume of 292,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of First Trust Capital Strength ETF

A number of hedge funds have recently bought and sold shares of FTCS. Kraft Davis & Associates LLC increased its holdings in First Trust Capital Strength ETF by 2.7% in the third quarter. Kraft Davis & Associates LLC now owns 4,423 shares of the company’s stock worth $395,000 after buying an additional 115 shares during the last quarter. Tcfg Wealth Management LLC increased its stake in shares of First Trust Capital Strength ETF by 0.4% during the 4th quarter. Tcfg Wealth Management LLC now owns 32,202 shares of the company’s stock worth $2,828,000 after purchasing an additional 115 shares during the last quarter. Moors & Cabot Inc. raised its holdings in shares of First Trust Capital Strength ETF by 2.7% during the 4th quarter. Moors & Cabot Inc. now owns 4,720 shares of the company’s stock valued at $414,000 after purchasing an additional 122 shares in the last quarter. Tyler Stone Wealth Management lifted its stake in shares of First Trust Capital Strength ETF by 1.1% in the 4th quarter. Tyler Stone Wealth Management now owns 11,923 shares of the company’s stock valued at $1,047,000 after purchasing an additional 134 shares during the last quarter. Finally, Capital Square LLC lifted its position in shares of First Trust Capital Strength ETF by 1.6% during the 4th quarter. Capital Square LLC now owns 8,763 shares of the company’s stock worth $788,000 after purchasing an additional 138 shares during the last quarter.

First Trust Capital Strength ETF Price Performance

Shares of First Trust Capital Strength ETF stock traded down $1.14 during trading on Wednesday, hitting $87.40. The stock had a trading volume of 373,623 shares, compared to its average volume of 307,288. The business has a fifty day moving average of $89.48 and a two-hundred day moving average of $90.32. The firm has a market cap of $8.60 billion, a P/E ratio of 23.44 and a beta of 0.86. First Trust Capital Strength ETF has a fifty-two week low of $81.16 and a fifty-two week high of $94.23.

First Trust Capital Strength ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.4043 per share. The ex-dividend date of this dividend was Friday, December 13th.

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).