Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Declines By 88.7%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 6,146 shares, a drop of 88.7% from the January 15th total of 54,472 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 41,377 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 41,377 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

First Trust International Developed Capital Strength ETF Stock Performance

FICS remained flat at $41.52 during trading on Tuesday. The company had a trading volume of 30,485 shares, compared to its average volume of 41,040. The stock has a 50 day simple moving average of $40.18 and a 200 day simple moving average of $39.13. The company has a market capitalization of $230.44 million, a price-to-earnings ratio of 19.87 and a beta of 0.75. First Trust International Developed Capital Strength ETF has a twelve month low of $32.79 and a twelve month high of $41.68.

First Trust International Developed Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.0336 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.13 annualized dividend and a dividend yield of 0.3%.

Institutional Trading of First Trust International Developed Capital Strength ETF

A number of institutional investors have recently bought and sold shares of the business. Centennial Wealth Advisory LLC raised its stake in First Trust International Developed Capital Strength ETF by 54.8% during the third quarter. Centennial Wealth Advisory LLC now owns 91,135 shares of the company’s stock worth $3,476,000 after acquiring an additional 32,256 shares in the last quarter. Chris Bulman Inc grew its holdings in shares of First Trust International Developed Capital Strength ETF by 12.0% during the 3rd quarter. Chris Bulman Inc now owns 162,406 shares of the company’s stock valued at $6,195,000 after purchasing an additional 17,398 shares during the last quarter. Osaic Holdings Inc. increased its position in First Trust International Developed Capital Strength ETF by 90.0% during the 2nd quarter. Osaic Holdings Inc. now owns 187,280 shares of the company’s stock worth $7,370,000 after purchasing an additional 88,718 shares in the last quarter. Drive Wealth Management LLC lifted its stake in First Trust International Developed Capital Strength ETF by 2.4% in the 2nd quarter. Drive Wealth Management LLC now owns 14,624 shares of the company’s stock valued at $576,000 after purchasing an additional 341 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in First Trust International Developed Capital Strength ETF in the second quarter valued at approximately $434,000.

About First Trust International Developed Capital Strength ETF

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.