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

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,612 shares, a growth of 85.2% from the February 12th total of 7,350 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 20,021 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 20,021 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the shares of the company are short sold.

First Trust Active Factor Small Cap ETF Stock Performance

NYSEARCA AFSM opened at $32.46 on Friday. The firm has a market capitalization of $73.04 million, a P/E ratio of 13.11 and a beta of 1.04. The stock has a 50-day simple moving average of $34.36 and a two-hundred day simple moving average of $33.21. First Trust Active Factor Small Cap ETF has a fifty-two week low of $24.42 and a fifty-two week high of $35.32.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Advisortrust Partners LLC purchased a new stake in First Trust Active Factor Small Cap ETF in the 4th quarter worth approximately $564,000. Crusonia Wealth Advisors LLC acquired a new stake in shares of First Trust Active Factor Small Cap ETF during the 4th quarter worth approximately $618,000. Cetera Investment Advisers grew its stake in shares of First Trust Active Factor Small Cap ETF by 2.3% during the 4th quarter. Cetera Investment Advisers now owns 88,041 shares of the company’s stock worth $2,895,000 after purchasing an additional 1,974 shares during the period. Osaic Holdings Inc. increased its holdings in shares of First Trust Active Factor Small Cap ETF by 11.8% during the 4th quarter. Osaic Holdings Inc. now owns 54,933 shares of the company’s stock valued at $1,806,000 after purchasing an additional 5,780 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in shares of First Trust Active Factor Small Cap ETF during the 4th quarter valued at approximately $206,000.

About First Trust Active Factor Small Cap ETF

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.