First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Sees Significant Growth in Short Interest

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the September 15th total of 100 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 0.6 days.

First Trust SMID Capital Strength ETF Trading Up 1.4 %

FSCS traded up $0.50 during trading on Friday, hitting $35.52. The company had a trading volume of 739 shares, compared to its average volume of 2,422. First Trust SMID Capital Strength ETF has a one year low of $25.83 and a one year high of $35.52. The stock has a 50-day moving average of $34.27.

First Trust SMID Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0695 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.78%.