First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) Short Interest Update

First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 52,452 shares, an increase of 244.1% from the January 15th total of 15,242 shares. Based on an average daily trading volume, of 14,970 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.2% of the company’s shares are short sold. Currently, 2.2% of the company’s shares are short sold. Based on an average daily trading volume, of 14,970 shares, the days-to-cover ratio is currently 3.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Accurate Wealth Management LLC bought a new stake in shares of First Trust New Constructs Core Earnings Leaders ETF during the 3rd quarter valued at $294,000. Harbour Investments Inc. bought a new stake in First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter worth about $337,000. Luken Investment Analytics LLC grew its holdings in First Trust New Constructs Core Earnings Leaders ETF by 34.9% in the fourth quarter. Luken Investment Analytics LLC now owns 25,170 shares of the company’s stock worth $627,000 after purchasing an additional 6,510 shares during the period. Finally, Thoroughbred Financial Services LLC bought a new position in shares of First Trust New Constructs Core Earnings Leaders ETF during the fourth quarter valued at approximately $767,000.

First Trust New Constructs Core Earnings Leaders ETF Price Performance

First Trust New Constructs Core Earnings Leaders ETF stock traded down $0.01 during trading hours on Wednesday, reaching $25.16. The stock had a trading volume of 1,843 shares, compared to its average volume of 19,769. The company has a fifty day simple moving average of $25.17 and a 200-day simple moving average of $24.27. First Trust New Constructs Core Earnings Leaders ETF has a 52 week low of $17.26 and a 52 week high of $25.89. The stock has a market cap of $59.13 million, a PE ratio of 23.72 and a beta of 1.12.

First Trust New Constructs Core Earnings Leaders ETF Company Profile

The First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of companies with high earnings quality, as selected and measured using the Earnings Capture metric. The fund holds 100 securities, representing the top companies within each Bloomberg sector classification. FTCE was launched on Oct 2, 2024 and is issued by First Trust.