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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,215 shares, an increase of ∞ from the July 30th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,798 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

Institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new stake in First Trust International Developed Capital Strength ETF in the 3rd quarter worth approximately $50,000. Steward Partners Investment Advisory LLC bought a new position in shares of First Trust International Developed Capital Strength ETF during the 4th quarter valued at approximately $157,000. Kestra Advisory Services LLC purchased a new position in shares of First Trust International Developed Capital Strength ETF in the fourth quarter valued at $177,000. IFC & Insurance Marketing Inc. bought a new stake in First Trust International Developed Capital Strength ETF in the fourth quarter worth $204,000. Finally, JPMorgan Chase & Co. increased its position in First Trust International Developed Capital Strength ETF by 221.2% in the second quarter. JPMorgan Chase & Co. now owns 5,490 shares of the company’s stock worth $216,000 after purchasing an additional 3,781 shares during the last quarter.

First Trust International Developed Capital Strength ETF Price Performance

FICS opened at $42.39 on Monday. The firm has a 50-day simple moving average of $42.19 and a two-hundred day simple moving average of $41.13. First Trust International Developed Capital Strength ETF has a 52 week low of $37.25 and a 52 week high of $43.38. The company has a market capitalization of $211.95 million, a PE ratio of 19.87 and a beta of 0.71.

First Trust International Developed Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.4455 dividend. This is an increase from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 25th.

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.