Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Grows By 20.9%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 23,700 shares, an increase of 20.9% from the September 15th total of 19,600 shares. Based on an average daily volume of 25,200 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Midwest Financial Group LLC lifted its holdings in First Trust International Developed Capital Strength ETF by 5.6% in the first quarter. Midwest Financial Group LLC now owns 53,664 shares of the company’s stock valued at $1,877,000 after acquiring an additional 2,853 shares during the period. Private Advisor Group LLC increased its holdings in First Trust International Developed Capital Strength ETF by 1.7% in the first quarter. Private Advisor Group LLC now owns 113,786 shares of the company’s stock valued at $3,981,000 after buying an additional 1,859 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of First Trust International Developed Capital Strength ETF by 5.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 41,825 shares of the company’s stock valued at $1,463,000 after acquiring an additional 2,075 shares during the period. VitalStone Financial LLC boosted its stake in shares of First Trust International Developed Capital Strength ETF by 690.7% during the 1st quarter. VitalStone Financial LLC now owns 2,625 shares of the company’s stock worth $92,000 after acquiring an additional 2,293 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of First Trust International Developed Capital Strength ETF by 6.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 128,961 shares of the company’s stock worth $4,512,000 after acquiring an additional 7,452 shares during the period.

First Trust International Developed Capital Strength ETF Stock Up 0.4 %

FICS traded up $0.16 during trading on Monday, hitting $37.02. 9,305 shares of the stock were exchanged, compared to its average volume of 27,119. First Trust International Developed Capital Strength ETF has a 1-year low of $28.86 and a 1-year high of $37.93. The stock has a fifty day moving average price of $36.28 and a two-hundred day moving average price of $35.18. The firm has a market capitalization of $157.34 million, a P/E ratio of 17.06 and a beta of 0.84.

First Trust International Developed 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 paid a dividend of $0.1032 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.12%.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).