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

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 40,529 shares, a growth of 737.4% from the February 26th total of 4,840 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily volume of 12,409 shares, the short-interest ratio is currently 3.3 days. Based on an average daily volume of 12,409 shares, the short-interest ratio is currently 3.3 days. Approximately 2.0% of the company’s stock are short sold.

First Trust Emerging Markets Human Flourishing ETF Price Performance

NYSEARCA FTHF opened at $37.08 on Wednesday. The firm has a market capitalization of $76.01 million, a price-to-earnings ratio of 11.94 and a beta of 0.55. The company has a 50 day simple moving average of $38.63 and a 200-day simple moving average of $33.93. First Trust Emerging Markets Human Flourishing ETF has a 52-week low of $20.03 and a 52-week high of $42.78.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FTHF. MGO One Seven LLC purchased a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter valued at $2,291,000. Treasure Coast Financial Planning purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the third quarter worth $1,245,000. Jane Street Group LLC purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth $769,000. Cetera Investment Advisers acquired a new stake in First Trust Emerging Markets Human Flourishing ETF during the fourth quarter valued at $345,000. Finally, Susquehanna International Group LLP boosted its position in First Trust Emerging Markets Human Flourishing ETF by 37.8% during the third quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock valued at $994,000 after purchasing an additional 9,247 shares during the last quarter.

About First Trust Emerging Markets Human Flourishing ETF

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.