Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Declines By 49.0%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS – Get Rating) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 10,000 shares, a decline of 49.0% from the May 15th total of 19,600 shares. Based on an average daily trading volume, of 9,600 shares, the days-to-cover ratio is presently 1.0 days.

FICS stock opened at $29.27 on Friday. The company has a 50 day simple moving average of $31.21 and a 200 day simple moving average of $33.02. First Trust International Developed Capital Strength ETF has a 1 year low of $28.43 and a 1 year high of $37.60.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Monday, March 28th were given a dividend of $0.062 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend was Friday, March 25th.

Hedge funds have recently added to or reduced their stakes in the stock. Cetera Advisors LLC acquired a new position in First Trust International Developed Capital Strength ETF during the 1st quarter worth approximately $275,000. Cetera Investment Advisers acquired a new position in First Trust International Developed Capital Strength ETF during the 3rd quarter worth approximately $669,000. Sigma Planning Corp bought a new stake in First Trust International Developed Capital Strength ETF during the 1st quarter worth approximately $1,282,000. Jane Street Group LLC grew its holdings in First Trust International Developed Capital Strength ETF by 173.7% during the 3rd quarter. Jane Street Group LLC now owns 41,235 shares of the company’s stock worth $1,407,000 after acquiring an additional 26,170 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in First Trust International Developed Capital Strength ETF by 113.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 62,195 shares of the company’s stock worth $2,275,000 after acquiring an additional 33,012 shares during the last quarter.

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