First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Update

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 100 shares, a drop of 88.1% from the April 15th total of 840 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,488 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Susquehanna International Group LLP boosted its stake in shares of First Trust SMID Growth Strength ETF by 59.5% during the 3rd quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock worth $1,312,000 after acquiring an additional 15,668 shares in the last quarter. Citadel Advisors LLC boosted its position in shares of First Trust SMID Growth Strength ETF by 7.2% in the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock valued at $1,103,000 after purchasing an additional 2,361 shares during the period. Osaic Holdings Inc. purchased a new position in First Trust SMID Growth Strength ETF in the 2nd quarter worth about $168,000. Kestra Advisory Services LLC purchased a new stake in shares of First Trust SMID Growth Strength ETF in the 4th quarter valued at approximately $73,000. Finally, Western Wealth Management LLC raised its position in First Trust SMID Growth Strength ETF by 8.3% during the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock valued at $230,000 after buying an additional 577 shares during the period.

First Trust SMID Growth Strength ETF Stock Performance

Shares of NASDAQ:FSGS traded down $0.12 during trading on Tuesday, reaching $30.63. The company had a trading volume of 978 shares, compared to its average volume of 1,920. The firm’s fifty day moving average is $30.17 and its 200 day moving average is $30.59. The firm has a market capitalization of $29.10 million, a PE ratio of 18.32 and a beta of 0.97. First Trust SMID Growth Strength ETF has a twelve month low of $28.35 and a twelve month high of $32.08.

First Trust SMID Growth Strength ETF Company Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.