First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Short Interest Update

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 48,107 shares, a growth of 19.7% from the December 31st total of 40,190 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 111,352 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 111,352 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Gradient Investments LLC boosted its holdings in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 22.9% in the 4th quarter. Gradient Investments LLC now owns 1,928,427 shares of the company’s stock valued at $28,946,000 after purchasing an additional 358,844 shares in the last quarter. Csenge Advisory Group increased its holdings in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 41.0% during the third quarter. Csenge Advisory Group now owns 203,994 shares of the company’s stock worth $4,545,000 after buying an additional 59,336 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 3rd quarter valued at $1,089,000. Mattson Financial Services LLC grew its position in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 13.9% during the 3rd quarter. Mattson Financial Services LLC now owns 254,307 shares of the company’s stock worth $5,666,000 after acquiring an additional 31,062 shares during the last quarter. Finally, Manchester Financial Inc. boosted its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 69.8% during the second quarter. Manchester Financial Inc. now owns 70,506 shares of the company’s stock valued at $1,636,000 after purchasing an additional 28,988 shares in the last quarter.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Stock Performance

Shares of NYSEARCA CRPT traded down $1.20 during trading on Tuesday, reaching $13.36. The stock had a trading volume of 60,730 shares, compared to its average volume of 94,161. First Trust SkyBridge Crypto Industry and Digital Economy ETF has a one year low of $10.51 and a one year high of $25.90. The firm’s 50 day moving average price is $16.59 and its two-hundred day moving average price is $19.71. The stock has a market cap of $99.49 million, a PE ratio of -146.08 and a beta of 3.26.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.1131 per share. This represents a $0.45 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, December 12th. First Trust SkyBridge Crypto Industry and Digital Economy ETF’s payout ratio is presently -120.32%.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Company Profile

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.