First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Sees Large Growth in Short Interest

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 111,481 shares, a growth of 127.5% from the January 29th total of 48,996 shares. Based on an average trading volume of 154,409 shares, the short-interest ratio is currently 0.7 days. Currently, 1.5% of the shares of the stock are short sold. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 154,409 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of First Trust SkyBridge Crypto Industry and Digital Economy ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stifel Financial Corp boosted its holdings in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.0% during the 4th quarter. Stifel Financial Corp now owns 29,763 shares of the company’s stock valued at $447,000 after purchasing an additional 871 shares during the last quarter. Centric Wealth Management lifted its position in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.6% in the second quarter. Centric Wealth Management now owns 28,238 shares of the company’s stock worth $630,000 after buying an additional 972 shares in the last quarter. CWM LLC boosted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 88.0% during the third quarter. CWM LLC now owns 2,765 shares of the company’s stock valued at $62,000 after buying an additional 1,294 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in First Trust SkyBridge Crypto Industry and Digital Economy ETF during the 2nd quarter valued at approximately $34,000. Finally, Sound Income Strategies LLC bought a new stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF in the 4th quarter worth approximately $26,000.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Trading Down 0.2%

Shares of CRPT opened at $13.03 on Friday. The business’s 50 day moving average is $15.11 and its 200 day moving average is $18.42. The company has a market capitalization of $97.07 million, a PE ratio of -142.53 and a beta of 3.26. First Trust SkyBridge Crypto Industry and Digital Economy ETF has a 12-month low of $10.51 and a 12-month high of $25.90.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.1131 dividend. This represents a $0.45 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, December 12th. First Trust SkyBridge Crypto Industry and Digital Economy ETF’s payout ratio is -120.32%.

About First Trust SkyBridge Crypto Industry and Digital Economy ETF

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.