First Trust Natural Gas ETF (NYSEARCA:FCG) Short Interest Up 40.8% in February

First Trust Natural Gas ETF (NYSEARCA:FCG) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 121,650 shares, a growth of 40.8% from the January 29th total of 86,387 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 931,187 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 931,187 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in shares of First Trust Natural Gas ETF in the first quarter valued at about $244,000. Sigma Planning Corp bought a new stake in First Trust Natural Gas ETF during the 2nd quarter valued at approximately $537,000. Pekin Hardy Strauss Inc. grew its holdings in First Trust Natural Gas ETF by 21.0% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 15,870 shares of the company’s stock valued at $367,000 after buying an additional 2,750 shares during the last quarter. Prospera Financial Services Inc grew its holdings in First Trust Natural Gas ETF by 39.8% in the 2nd quarter. Prospera Financial Services Inc now owns 11,685 shares of the company’s stock valued at $270,000 after buying an additional 3,328 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in First Trust Natural Gas ETF in the 2nd quarter worth approximately $316,000.

First Trust Natural Gas ETF Stock Up 3.0%

NYSEARCA:FCG opened at $27.93 on Monday. The company’s 50 day moving average is $24.87 and its 200-day moving average is $23.94. First Trust Natural Gas ETF has a 12 month low of $18.81 and a 12 month high of $27.99. The firm has a market cap of $562.79 million, a price-to-earnings ratio of 10.55 and a beta of 0.87.

First Trust Natural Gas ETF Company Profile

First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.