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

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 5,451 shares, an increase of 51.9% from the February 26th total of 3,588 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 20,819 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of First Trust International Developed Capital Strength ETF

A number of institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of First Trust International Developed Capital Strength ETF in the third quarter valued at approximately $50,000. NBC Securities Inc. raised its holdings in shares of First Trust International Developed Capital Strength ETF by 41.6% during the fourth quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock worth $66,000 after acquiring an additional 483 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of First Trust International Developed Capital Strength ETF during the fourth quarter worth $157,000. Kestra Advisory Services LLC bought a new stake in First Trust International Developed Capital Strength ETF in the 4th quarter valued at $177,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in First Trust International Developed Capital Strength ETF in the 4th quarter worth $204,000.

First Trust International Developed Capital Strength ETF Stock Down 0.3%

FICS stock traded down $0.13 during midday trading on Friday, reaching $37.90. 21,842 shares of the company’s stock traded hands, compared to its average volume of 30,077. The company has a 50-day simple moving average of $40.55 and a two-hundred day simple moving average of $39.55. First Trust International Developed Capital Strength ETF has a 1-year low of $32.79 and a 1-year high of $42.60. The company has a market cap of $210.35 million, a price-to-earnings ratio of 19.87 and a beta of 0.75.

First Trust International Developed Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be paid a dividend of $0.1948 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.1%. This is a boost from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust International Developed Capital Strength ETF Company Profile

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.