First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 33.6% in February

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 40,727 shares, a decrease of 33.6% from the February 12th total of 61,327 shares. Based on an average daily volume of 301,431 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 301,431 shares, the short-interest ratio is presently 0.1 days.

First Trust Capital Strength ETF Price Performance

Shares of FTCS traded up $0.09 during midday trading on Friday, reaching $94.30. The stock had a trading volume of 352,648 shares, compared to its average volume of 475,379. The company has a market cap of $8.07 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The company’s fifty day simple moving average is $96.79 and its two-hundred day simple moving average is $94.04. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $99.74.

Institutional Trading of First Trust Capital Strength ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Impact Partnership Wealth LLC boosted its position in shares of First Trust Capital Strength ETF by 2.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 3,734 shares of the company’s stock worth $345,000 after acquiring an additional 103 shares in the last quarter. Wisconsin Wealth Advisors LLC raised its position in shares of First Trust Capital Strength ETF by 0.5% during the 4th quarter. Wisconsin Wealth Advisors LLC now owns 20,243 shares of the company’s stock worth $1,873,000 after acquiring an additional 108 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of First Trust Capital Strength ETF by 0.6% during the 4th quarter. Park Avenue Securities LLC now owns 18,904 shares of the company’s stock worth $1,749,000 after acquiring an additional 109 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of First Trust Capital Strength ETF by 1.1% in the 4th quarter. Advisory Services Network LLC now owns 10,249 shares of the company’s stock valued at $948,000 after buying an additional 110 shares in the last quarter. Finally, Huntleigh Advisors Inc. grew its position in shares of First Trust Capital Strength ETF by 2.0% in the 3rd quarter. Huntleigh Advisors Inc. now owns 5,940 shares of the company’s stock valued at $556,000 after buying an additional 114 shares during the last quarter.

First Trust Capital Strength ETF Company Profile

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.