First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Sees Significant Decrease in Short Interest

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 11,700 shares, a drop of 14.6% from the December 31st total of 13,700 shares. Based on an average daily trading volume, of 32,300 shares, the days-to-cover ratio is currently 0.4 days.

First Trust International Developed Capital Strength ETF Price Performance

FICS stock traded down $0.32 during mid-day trading on Friday, hitting $35.47. 8,554 shares of the stock were exchanged, compared to its average volume of 35,711. First Trust International Developed Capital Strength ETF has a 12 month low of $33.06 and a 12 month high of $37.93. The business has a fifty day moving average price of $34.73 and a 200 day moving average price of $35.50. The stock has a market capitalization of $170.26 million, a price-to-earnings ratio of 17.06 and a beta of 0.84.

First Trust International Developed Capital Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.188 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Nations Financial Group Inc. IA ADV lifted its holdings in shares of First Trust International Developed Capital Strength ETF by 2.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 18,959 shares of the company’s stock valued at $711,000 after purchasing an additional 415 shares in the last quarter. JPMorgan Chase & Co. raised its position in First Trust International Developed Capital Strength ETF by 59.7% in the third quarter. JPMorgan Chase & Co. now owns 1,247 shares of the company’s stock worth $47,000 after acquiring an additional 466 shares during the period. DHJJ Financial Advisors Ltd. increased its stake in shares of First Trust International Developed Capital Strength ETF by 4.3% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 14,358 shares of the company’s stock worth $488,000 after purchasing an additional 591 shares in the last quarter. World Equity Group Inc. increased its stake in shares of First Trust International Developed Capital Strength ETF by 2.4% in the third quarter. World Equity Group Inc. now owns 63,999 shares of the company’s stock worth $2,399,000 after purchasing an additional 1,473 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC raised its position in shares of First Trust International Developed Capital Strength ETF by 20.3% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 10,927 shares of the company’s stock valued at $410,000 after purchasing an additional 1,845 shares during the period.

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).