First Trust Capital Strength ETF (NASDAQ:FTCS) Shares Shorted: Short Interest Down 52.1% in September

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 54,590 shares, a decline of 52.1% from the September 15th total of 113,987 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 330,635 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $30,000. Strategy Asset Managers LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth approximately $1,715,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of First Trust Capital Strength ETF in the third quarter worth $2,539,000. Cascade Investment Group Inc. purchased a new stake in First Trust Capital Strength ETF during the 3rd quarter valued at about $524,000. Finally, First Heartland Consultants Inc. purchased a new position in First Trust Capital Strength ETF in the third quarter worth about $417,000.

First Trust Capital Strength ETF Stock Up 1.3%

First Trust Capital Strength ETF stock traded up $1.27 during midday trading on Thursday, hitting $98.79. 352,752 shares of the stock were exchanged, compared to its average volume of 526,469. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $102.93. The business’s 50-day moving average price is $98.13 and its 200-day moving average price is $95.81. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.3332 dividend. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. The ex-dividend date was Thursday, September 24th. This represents a $1.33 dividend on an annualized basis and a yield of 1.3%.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.