FT Raymond James Multicap Growth Equity ETF (NYSEARCA:RJMG) Short Interest Up 50.0% in September

FT Raymond James Multicap Growth Equity ETF (NYSEARCA:RJMG) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 300 shares, an increase of 50.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.4 days.

FT Raymond James Multicap Growth Equity ETF Stock Performance

Shares of FT Raymond James Multicap Growth Equity ETF stock opened at $26.76 on Thursday. FT Raymond James Multicap Growth Equity ETF has a one year low of $18.50 and a one year high of $27.41. The company has a market cap of $14.72 million, a PE ratio of 33.20 and a beta of 1.23. The business has a 50-day simple moving average of $25.20 and a 200-day simple moving average of $23.50.

Hedge Funds Weigh In On FT Raymond James Multicap Growth Equity ETF

A hedge fund recently raised its stake in FT Raymond James Multicap Growth Equity ETF stock. OLD Mission Capital LLC lifted its stake in shares of FT Raymond James Multicap Growth Equity ETF (NYSEARCA:RJMG) by 81.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,699 shares of the company’s stock after buying an additional 19,145 shares during the quarter. OLD Mission Capital LLC owned approximately 7.76% of FT Raymond James Multicap Growth Equity ETF worth $915,000 at the end of the most recent reporting period.

FT Raymond James Multicap Growth Equity ETF Company Profile

The FT Raymond James Multicap Growth Equity ETF (RJMG) is an exchange-traded fund that mostly invests in total market equity. The fund holds a portfolio of US growth stocks rated as strong buy or outperform by the sub-advisor’s proprietary equity research model. The actively managed fund seeks long-term capital appreciation.