First Trust Capital Strength ETF (NASDAQ:FTCS) Stock Short Interest Report for October

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 164,055 shares, an increase of 200.5% from the September 30th total of 54,590 shares. Based on an average trading volume of 400,228 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

First Trust Capital Strength ETF Stock Up 1.1%

NASDAQ:FTCS opened at $101.52 on Thursday. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $102.93. The stock has a market cap of $7.87 billion, a PE ratio of 21.51 and a beta of 0.70. The firm’s fifty day simple moving average is $98.08 and its 200-day simple moving average is $96.19.

First Trust Capital Strength ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eastern Bank acquired a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter valued at approximately $27,000. Mather Group LLC. acquired a new stake in First Trust Capital Strength ETF during the 3rd quarter worth about $30,000. Signature Equity Partners LLC acquired a new stake in First Trust Capital Strength ETF during the 1st quarter worth about $46,000. Main Street Group LTD purchased a new position in First Trust Capital Strength ETF during the 1st quarter valued at about $46,000. Finally, CoreCap Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 34.8% in the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock valued at $51,000 after purchasing an additional 141 shares during the period.

About First Trust Capital Strength ETF

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.