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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 8,015 shares, a decrease of 36.0% from the November 30th total of 12,515 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 22,658 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 22,658 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of First Trust International Developed Capital Strength ETF

Institutional investors have recently made changes to their positions in the business. CWM LLC increased its stake in First Trust International Developed Capital Strength ETF by 3.5% in the 3rd quarter. CWM LLC now owns 360,292 shares of the company’s stock valued at $13,743,000 after buying an additional 12,250 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust International Developed Capital Strength ETF by 18.1% in the second quarter. Cetera Investment Advisers now owns 310,193 shares of the company’s stock valued at $12,208,000 after acquiring an additional 47,449 shares during the last quarter. Key Financial Inc raised its holdings in First Trust International Developed Capital Strength ETF by 5.0% during the third quarter. Key Financial Inc now owns 234,178 shares of the company’s stock worth $8,984,000 after acquiring an additional 11,176 shares in the last quarter. Osaic Holdings Inc. boosted its position in First Trust International Developed Capital Strength ETF by 90.0% during the second quarter. Osaic Holdings Inc. now owns 187,280 shares of the company’s stock valued at $7,370,000 after purchasing an additional 88,718 shares during the last quarter. Finally, Good Life Advisors LLC grew its stake in First Trust International Developed Capital Strength ETF by 9.6% in the second quarter. Good Life Advisors LLC now owns 178,545 shares of the company’s stock valued at $7,027,000 after purchasing an additional 15,669 shares in the last quarter.

First Trust International Developed Capital Strength ETF Stock Down 0.4%

Shares of NASDAQ:FICS traded down $0.16 during midday trading on Monday, reaching $40.17. 4,389 shares of the company were exchanged, compared to its average volume of 32,079. The firm has a market cap of $228.99 million, a PE ratio of 19.87 and a beta of 0.75. First Trust International Developed Capital Strength ETF has a fifty-two week low of $32.79 and a fifty-two week high of $40.38. The stock has a fifty day simple moving average of $38.99 and a two-hundred day simple moving average of $38.85.

First Trust International Developed Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a dividend of $0.0336 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, December 12th.

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). FICS was launched on Dec 15, 2020 and is managed by First Trust.