First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Short Interest Update

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSMGet Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 5,300 shares, an increase of 51.4% from the May 15th total of 3,500 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 10,200 shares, the short-interest ratio is presently 0.5 days.

First Trust Active Factor Small Cap ETF Stock Down 0.9%

AFSM opened at $29.01 on Wednesday. The firm’s 50 day moving average is $28.29 and its 200-day moving average is $29.22. The firm has a market capitalization of $33.36 million, a P/E ratio of 14.35 and a beta of 1.04. First Trust Active Factor Small Cap ETF has a 52-week low of $24.42 and a 52-week high of $33.51.

First Trust Active Factor Small Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.0531 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Trading of First Trust Active Factor Small Cap ETF

Several hedge funds have recently bought and sold shares of AFSM. National Bank of Canada FI acquired a new position in shares of First Trust Active Factor Small Cap ETF in the fourth quarter worth about $30,000. Harbour Investments Inc. acquired a new stake in shares of First Trust Active Factor Small Cap ETF during the first quarter worth approximately $34,000. Tower Research Capital LLC TRC acquired a new stake in shares of First Trust Active Factor Small Cap ETF during the fourth quarter worth approximately $84,000. Geneos Wealth Management Inc. acquired a new stake in shares of First Trust Active Factor Small Cap ETF during the first quarter worth approximately $164,000. Finally, Moors & Cabot Inc. acquired a new stake in shares of First Trust Active Factor Small Cap ETF during the fourth quarter worth approximately $208,000.

First Trust Active Factor Small Cap ETF Company Profile

(Get Free Report)

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.

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