First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Up 43.6% in January

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 74,178 shares, an increase of 43.6% from the January 15th total of 51,647 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 508,792 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 508,792 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On First Trust Capital Strength ETF

Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock valued at $27,000 after purchasing an additional 246 shares during the period. Davis Capital Management purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at about $28,000. Parallel Advisors LLC lifted its position in shares of First Trust Capital Strength ETF by 140.0% during the 4th quarter. Parallel Advisors LLC now owns 300 shares of the company’s stock valued at $28,000 after buying an additional 175 shares in the last quarter. BOKF NA bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at approximately $28,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at approximately $29,000.

First Trust Capital Strength ETF Stock Up 0.4%

First Trust Capital Strength ETF stock opened at $97.71 on Tuesday. The business has a 50-day simple moving average of $95.09 and a two-hundred day simple moving average of $93.38. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $99.21. The company has a market cap of $8.36 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.2607 per share. The ex-dividend date was Friday, December 12th. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.