First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Shares Shorted: Short Interest Down 51.2% in September

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 3,780 shares, a drop of 51.2% from the September 15th total of 7,740 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 79,864 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust Active Factor Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AFLG. International Assets Investment Management LLC raised its position in First Trust Active Factor Large Cap ETF by 226.6% during the first quarter. International Assets Investment Management LLC now owns 650 shares of the company’s stock worth $25,000 after acquiring an additional 451 shares in the last quarter. Royal Bank of Canada lifted its stake in First Trust Active Factor Large Cap ETF by 192.5% in the first quarter. Royal Bank of Canada now owns 699 shares of the company’s stock valued at $27,000 after acquiring an additional 460 shares during the last quarter. Signature Equity Partners LLC grew its position in shares of First Trust Active Factor Large Cap ETF by 39.3% in the 1st quarter. Signature Equity Partners LLC now owns 1,181 shares of the company’s stock valued at $46,000 after acquiring an additional 333 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust Active Factor Large Cap ETF in the 3rd quarter valued at about $114,000. Finally, Western Wealth Management LLC bought a new position in shares of First Trust Active Factor Large Cap ETF in the 1st quarter valued at about $205,000.

First Trust Active Factor Large Cap ETF Price Performance

AFLG stock traded down $0.55 during midday trading on Wednesday, hitting $44.85. The company’s stock had a trading volume of 71,748 shares, compared to its average volume of 79,568. First Trust Active Factor Large Cap ETF has a twelve month low of $37.40 and a twelve month high of $45.42. The company’s fifty day moving average price is $44.79 and its 200 day moving average price is $43.35. The stock has a market capitalization of $796.09 million, a P/E ratio of 20.95 and a beta of 0.95.

First Trust Active Factor Large Cap ETF Company Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.