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

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 19,161 shares, an increase of 76.6% from the June 15th total of 10,847 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 20,643 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On First Trust Active Factor Small Cap ETF

A number of institutional investors have recently added to or reduced their stakes in AFSM. Arkadios Wealth Advisors acquired a new position in shares of First Trust Active Factor Small Cap ETF during the 4th quarter valued at $206,000. RFG Advisory LLC acquired a new stake in shares of First Trust Active Factor Small Cap ETF in the first quarter valued at $226,000. Wedbush Securities Inc. acquired a new stake in shares of First Trust Active Factor Small Cap ETF in the fourth quarter valued at $230,000. Kestra Private Wealth Services LLC lifted its holdings in shares of First Trust Active Factor Small Cap ETF by 14.9% in the third quarter. Kestra Private Wealth Services LLC now owns 9,136 shares of the company’s stock valued at $299,000 after buying an additional 1,184 shares during the period. Finally, FSB Premier Wealth Management Inc. boosted its stake in First Trust Active Factor Small Cap ETF by 14.6% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 9,366 shares of the company’s stock valued at $308,000 after buying an additional 1,192 shares in the last quarter.

First Trust Active Factor Small Cap ETF Price Performance

First Trust Active Factor Small Cap ETF stock opened at $39.99 on Friday. First Trust Active Factor Small Cap ETF has a 12-month low of $29.49 and a 12-month high of $41.28. The stock has a market capitalization of $111.97 million, a PE ratio of 13.11 and a beta of 1.02. The firm has a 50 day simple moving average of $38.90 and a 200-day simple moving average of $35.99.

First Trust Active Factor Small Cap ETF Company Profile

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.