Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Declines By 50.0%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 9,700 shares, a decline of 50.0% from the January 31st total of 19,400 shares. Based on an average daily volume of 29,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FICS. Raymond James & Associates boosted its stake in First Trust International Developed Capital Strength ETF by 430.3% during the third quarter. Raymond James & Associates now owns 81,647 shares of the company’s stock worth $3,060,000 after buying an additional 66,251 shares during the period. Gladstone Institutional Advisory LLC boosted its stake in First Trust International Developed Capital Strength ETF by 20.3% during the third quarter. Gladstone Institutional Advisory LLC now owns 10,927 shares of the company’s stock worth $410,000 after buying an additional 1,845 shares during the period. Key Financial Inc boosted its stake in shares of First Trust International Developed Capital Strength ETF by 19.1% during the third quarter. Key Financial Inc now owns 156,166 shares of the company’s stock valued at $5,853,000 after purchasing an additional 25,069 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of First Trust International Developed Capital Strength ETF by 8.1% during the third quarter. Janney Montgomery Scott LLC now owns 66,838 shares of the company’s stock valued at $2,505,000 after purchasing an additional 5,023 shares during the period. Finally, World Equity Group Inc. boosted its stake in shares of First Trust International Developed Capital Strength ETF by 2.4% during the third quarter. World Equity Group Inc. now owns 63,999 shares of the company’s stock valued at $2,399,000 after purchasing an additional 1,473 shares during the period.

First Trust International Developed Capital Strength ETF Trading Up 0.1 %

FICS traded up $0.05 during trading hours on Friday, hitting $36.34. The company’s stock had a trading volume of 18,780 shares, compared to its average volume of 29,676. The business’s 50-day moving average price is $35.15 and its 200-day moving average price is $35.73. First Trust International Developed Capital Strength ETF has a 12 month low of $33.06 and a 12 month high of $37.93. The stock has a market cap of $174.43 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 paid a dividend of $0.188 per share. The ex-dividend date was Friday, December 13th.

About First Trust International Developed Capital Strength ETF

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).