First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Sees Significant Drop in Short Interest

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 18,417 shares, a decline of 37.0% from the September 15th total of 29,244 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 13,817 shares, the days-to-cover ratio is currently 1.3 days.

First Trust Emerging Markets Human Flourishing ETF Trading Down 1.3%

Shares of FTHF opened at $45.98 on Friday. First Trust Emerging Markets Human Flourishing ETF has a 12 month low of $30.24 and a 12 month high of $53.33. The firm has a fifty day simple moving average of $48.55 and a 200 day simple moving average of $46.55. The stock has a market capitalization of $140.24 million, a price-to-earnings ratio of 11.94 and a beta of 0.99.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kraematon Investment Advisors Inc. boosted its stake 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 buying an additional 14,437 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the 1st quarter valued at about $470,000. Envestnet Asset Management Inc. grew its holdings in shares of First Trust Emerging Markets Human Flourishing ETF by 93.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,783 shares of the company’s stock valued at $1,035,000 after acquiring an additional 10,018 shares in the last quarter. Carlson Financial Inc. bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the 2nd quarter valued at about $206,000. Finally, Cetera Investment Advisers increased its position in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% in the first quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock valued at $478,000 after acquiring an additional 2,385 shares during the last quarter.

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.