First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Shares Shorted: Short Interest Down 39.9% in October

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,753 shares, a drop of 39.9% from the September 30th total of 2,916 shares. Based on an average daily trading volume, of 1,927 shares, the short-interest ratio is currently 0.9 days. Currently, 1.8% of the shares of the company are short sold.

First Trust S&P 500 Economic Moat ETF Trading Down 1.0%

Shares of NYSEARCA EMOT opened at $26.66 on Friday. The company has a market capitalization of $2.67 million, a P/E ratio of 24.64 and a beta of 0.81. First Trust S&P 500 Economic Moat ETF has a 12 month low of $22.97 and a 12 month high of $27.47. The stock has a 50 day moving average of $26.45 and a 200-day moving average of $25.66.

First Trust S&P 500 Economic Moat ETF Company Profile

The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.