First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Update

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 8,015 shares, a decline of 36.0% from the November 30th total of 12,515 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 22,658 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 22,658 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

First Trust International Developed Capital Strength ETF Stock Performance

Shares of First Trust International Developed Capital Strength ETF stock opened at $40.33 on Friday. First Trust International Developed Capital Strength ETF has a 52-week low of $32.79 and a 52-week high of $40.38. The company’s 50 day moving average price is $38.99 and its 200-day moving average price is $38.86. The stock has a market capitalization of $229.88 million, a price-to-earnings ratio of 19.87 and a beta of 0.75.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.0336 dividend. This represents a $0.13 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, December 12th.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Coppell Advisory Solutions LLC grew its stake in shares of First Trust International Developed Capital Strength ETF by 105.6% in the first quarter. Coppell Advisory Solutions LLC now owns 7,277 shares of the company’s stock worth $279,000 after purchasing an additional 3,738 shares during the last quarter. Farther Finance Advisors LLC bought a new position in First Trust International Developed Capital Strength ETF during the 2nd quarter valued at approximately $114,000. Chris Bulman Inc lifted its holdings in First Trust International Developed Capital Strength ETF by 311.6% in the 2nd quarter. Chris Bulman Inc now owns 145,008 shares of the company’s stock worth $5,707,000 after buying an additional 109,778 shares during the period. World Equity Group Inc. grew its position in shares of First Trust International Developed Capital Strength ETF by 2.8% in the 2nd quarter. World Equity Group Inc. now owns 76,345 shares of the company’s stock worth $3,005,000 after buying an additional 2,058 shares during the last quarter. Finally, Centennial Wealth Advisory LLC increased its stake in shares of First Trust International Developed Capital Strength ETF by 325.9% during the second quarter. Centennial Wealth Advisory LLC now owns 58,879 shares of the company’s stock valued at $2,317,000 after buying an additional 45,053 shares during the period.

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.