First Trust Expanded Technology ETF (NYSEARCA:XPND) Short Interest Update

First Trust Expanded Technology ETF (NYSEARCA:XPND) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 7,625 shares, a decrease of 14.0% from the March 31st total of 8,862 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 59,427 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Expanded Technology ETF Stock Performance

Shares of NYSEARCA XPND remained flat at $37.33 during trading hours on Friday. The company had a trading volume of 1,720 shares, compared to its average volume of 11,577. The stock has a fifty day moving average price of $34.64 and a two-hundred day moving average price of $35.58. The company has a market capitalization of $37.33 million, a P/E ratio of 32.72 and a beta of 1.24. First Trust Expanded Technology ETF has a twelve month low of $29.01 and a twelve month high of $38.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XPND. IFP Advisors Inc acquired a new position in shares of First Trust Expanded Technology ETF in the third quarter valued at $38,000. Advisory Services Network LLC acquired a new position in shares of First Trust Expanded Technology ETF in the third quarter valued at $45,000. Raymond James Financial Inc. acquired a new position in shares of First Trust Expanded Technology ETF in the second quarter valued at $71,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Expanded Technology ETF in the fourth quarter valued at $103,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of First Trust Expanded Technology ETF in the fourth quarter valued at $147,000.

First Trust Expanded Technology ETF Company Profile

The First Trust Expanded Technology ETF (XPND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in US stocks whose businesses are derived from or dependent on technology. XPND was launched on Jun 14, 2021 and is managed by First Trust.