Short Interest in First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Decreases By 74.9%

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 90 shares, a decline of 74.9% from the July 15th total of 358 shares. Based on an average trading volume of 781 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

First Trust SMID Growth Strength ETF Stock Down 0.4%

NASDAQ:FSGS traded down $0.13 during trading hours on Thursday, reaching $33.65. The company had a trading volume of 738 shares, compared to its average volume of 2,115. The firm has a market cap of $31.97 million, a price-to-earnings ratio of 18.32 and a beta of 0.96. The business’s 50-day simple moving average is $31.96 and its two-hundred day simple moving average is $30.97. First Trust SMID Growth Strength ETF has a twelve month low of $28.35 and a twelve month high of $33.92.

First Trust SMID Growth Strength ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.0102 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust SMID Growth Strength ETF

Several large investors have recently made changes to their positions in the company. Western Wealth Management LLC boosted its holdings in First Trust SMID Growth Strength ETF by 8.3% in the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock worth $230,000 after acquiring an additional 577 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of First Trust SMID Growth Strength ETF by 7.2% during the third quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock valued at $1,103,000 after acquiring an additional 2,361 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of First Trust SMID Growth Strength ETF during the fourth quarter valued at approximately $73,000. Osaic Holdings Inc. acquired a new position in shares of First Trust SMID Growth Strength ETF during the second quarter worth approximately $168,000. Finally, Susquehanna International Group LLP raised its position in shares of First Trust SMID Growth Strength ETF by 59.5% during the third quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock worth $1,312,000 after purchasing an additional 15,668 shares during the period.

First Trust SMID Growth Strength ETF Company Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.