Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Increases By 75.3%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 8,894 shares, an increase of 75.3% from the August 15th total of 5,075 shares. Based on an average daily trading volume, of 21,756 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

First Trust Emerging Markets Human Flourishing ETF Price Performance

Shares of FTHF stock traded up $1.08 during trading hours on Thursday, reaching $49.71. 8,939 shares of the stock were exchanged, compared to its average volume of 17,196. The business’s fifty day moving average is $46.74 and its two-hundred day moving average is $44.94. The firm has a market capitalization of $149.08 million, a P/E ratio of 11.94 and a beta of 0.99. First Trust Emerging Markets Human Flourishing ETF has a 12-month low of $29.04 and a 12-month high of $53.33.

Institutional Investors Weigh In On First Trust Emerging Markets Human Flourishing ETF

A number of large investors have recently modified their holdings of the company. Kraematon Investment Advisors Inc. lifted its position in shares of First Trust Emerging Markets Human Flourishing ETF by 68.0% during the 2nd quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock worth $1,776,000 after purchasing an additional 14,437 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% during the first quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock worth $478,000 after purchasing an additional 2,385 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth $470,000. Carlson Financial Inc. purchased a new position in First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at $206,000. Finally, Integrated Wealth Concepts LLC purchased a new position in First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at $59,000.

First Trust Emerging Markets Human Flourishing ETF Company Profile

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.