First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Update

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, an increase of 81.8% from the March 31st total of 1,100 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of First Trust S-Network Future Vehicles & Technology ETF

A number of large investors have recently made changes to their positions in CARZ. Commonwealth Equity Services LLC bought a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF in the third quarter worth approximately $204,000. Global Retirement Partners LLC bought a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF in the fourth quarter worth approximately $153,000. Finally, Sigma Planning Corp grew its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.7% in the third quarter. Sigma Planning Corp now owns 19,326 shares of the exchange traded fund’s stock worth $990,000 after acquiring an additional 1,043 shares during the period.

First Trust S-Network Future Vehicles & Technology ETF Stock Performance

Shares of First Trust S-Network Future Vehicles & Technology ETF stock traded up $1.12 during trading on Friday, hitting $56.20. The company’s stock had a trading volume of 659 shares, compared to its average volume of 2,503. The company has a fifty day simple moving average of $57.39 and a two-hundred day simple moving average of $54.67. The company has a market capitalization of $36.53 million, a PE ratio of 16.43 and a beta of 1.27. First Trust S-Network Future Vehicles & Technology ETF has a 52 week low of $46.26 and a 52 week high of $60.00.

First Trust S-Network Future Vehicles & Technology ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.066 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.26 dividend on an annualized basis and a yield of 0.47%.

First Trust S-Network Future Vehicles & Technology ETF Company Profile

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.