First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Sees Large Drop in Short Interest

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 14,900 shares, a decrease of 88.7% from the February 12th total of 131,791 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,394 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 49,394 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of First Trust Active Factor Large Cap ETF

Several institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in First Trust Active Factor Large Cap ETF in the 3rd quarter worth approximately $29,000. Cullen Frost Bankers Inc. boosted its stake in First Trust Active Factor Large Cap ETF by 60.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock worth $37,000 after purchasing an additional 351 shares during the period. Smartleaf Asset Management LLC grew its holdings in First Trust Active Factor Large Cap ETF by 205.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock valued at $39,000 after buying an additional 665 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in First Trust Active Factor Large Cap ETF by 160.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock valued at $51,000 after buying an additional 804 shares in the last quarter. Finally, Rossby Financial LCC raised its position in shares of First Trust Active Factor Large Cap ETF by 73.0% during the third quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after buying an additional 660 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Down 0.3%

AFLG stock traded down $0.12 during trading on Tuesday, reaching $39.64. The company’s stock had a trading volume of 41,506 shares, compared to its average volume of 89,507. The company’s fifty day moving average is $40.14 and its 200-day moving average is $39.24. The company has a market capitalization of $475.68 million, a P/E ratio of 20.95 and a beta of 0.96. First Trust Active Factor Large Cap ETF has a 1 year low of $29.11 and a 1 year high of $41.05.

First Trust Active Factor Large Cap ETF Company Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.