First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Up 6.4% in November

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 66,600 shares, an increase of 6.4% from the November 15th total of 62,600 shares. Based on an average daily volume of 236,000 shares, the short-interest ratio is presently 0.3 days.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS traded down $0.30 during trading on Tuesday, hitting $89.53. The company’s stock had a trading volume of 286,300 shares, compared to its average volume of 300,834. First Trust Capital Strength ETF has a fifty-two week low of $78.82 and a fifty-two week high of $94.23. The company has a market capitalization of $8.84 billion, a PE ratio of 21.52 and a beta of 0.86. The business has a 50 day moving average price of $91.66 and a two-hundred day moving average price of $88.66.

First Trust Capital Strength ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.4043 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its holdings in shares of First Trust Capital Strength ETF by 8,647.9% in the third quarter. International Assets Investment Management LLC now owns 3,124,647 shares of the company’s stock worth $283,718,000 after acquiring an additional 3,088,928 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 2,428.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 215,459 shares of the company’s stock worth $19,566,000 after buying an additional 206,936 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Capital Strength ETF by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,407,234 shares of the company’s stock valued at $286,344,000 after acquiring an additional 190,799 shares during the period. Kowal Investment Group LLC grew its holdings in shares of First Trust Capital Strength ETF by 24.6% during the second quarter. Kowal Investment Group LLC now owns 610,585 shares of the company’s stock worth $51,314,000 after purchasing an additional 120,675 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust Capital Strength ETF in the second quarter worth approximately $9,487,000.

About First Trust Capital Strength ETF

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).