First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Short Interest Down 62.9% in May

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 101 shares, a decrease of 62.9% from the April 30th total of 272 shares. Based on an average daily trading volume, of 1,295 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EMOT. Jane Street Group LLC acquired a new position in shares of First Trust S&P 500 Economic Moat ETF during the fourth quarter valued at about $335,000. Citadel Advisors LLC acquired a new stake in shares of First Trust S&P 500 Economic Moat ETF in the 3rd quarter worth about $398,000. Tower Research Capital LLC TRC raised its holdings in shares of First Trust S&P 500 Economic Moat ETF by 112.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 36,673 shares of the company’s stock worth $873,000 after acquiring an additional 19,445 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its position in First Trust S&P 500 Economic Moat ETF by 1.0% in the 4th quarter. Signal Advisors Wealth LLC now owns 67,592 shares of the company’s stock valued at $1,609,000 after acquiring an additional 694 shares in the last quarter.

First Trust S&P 500 Economic Moat ETF Price Performance

EMOT stock opened at $25.98 on Friday. The business’s fifty day moving average price is $24.61 and its two-hundred day moving average price is $24.43. First Trust S&P 500 Economic Moat ETF has a fifty-two week low of $21.98 and a fifty-two week high of $26.04. The stock has a market capitalization of $2.60 million, a price-to-earnings ratio of 24.64 and a beta of 0.83.

First Trust S&P 500 Economic Moat ETF Company Profile

The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.