First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 58,055 shares, a growth of 27.0% from the December 15th total of 45,712 shares. Based on an average daily trading volume, of 353,154 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 353,154 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FTCS. Two Sigma Investments LP grew its stake in shares of First Trust Capital Strength ETF by 1,226.4% in the third quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock worth $26,828,000 after purchasing an additional 264,900 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in First Trust Capital Strength ETF by 78.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 322,546 shares of the company’s stock worth $29,316,000 after purchasing an additional 142,229 shares during the period. GGM Financials LLC acquired a new stake in First Trust Capital Strength ETF in the second quarter worth about $10,505,000. Jones Financial Companies Lllp grew its position in First Trust Capital Strength ETF by 19.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 665,115 shares of the company’s stock valued at $61,760,000 after buying an additional 110,480 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in First Trust Capital Strength ETF by 21.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 368,348 shares of the company’s stock valued at $33,479,000 after buying an additional 66,256 shares during the period.

First Trust Capital Strength ETF Stock Down 0.1%

FTCS stock traded down $0.13 during mid-day trading on Friday, reaching $96.06. The company had a trading volume of 381,155 shares, compared to its average volume of 527,069. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $96.43. The stock has a market capitalization of $8.28 billion, a P/E ratio of 21.51 and a beta of 0.80. The stock’s 50-day simple moving average is $92.86 and its two-hundred day simple moving average is $92.53.

First Trust Capital Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.2607 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.