Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Drops By 93.1%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,162 shares, a decline of 93.1% from the May 31st total of 31,514 shares. Based on an average trading volume of 8,666 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Emerging Markets Human Flourishing ETF Trading Up 2.6%

First Trust Emerging Markets Human Flourishing ETF stock traded up $1.28 during mid-day trading on Thursday, hitting $50.20. The company had a trading volume of 4,030 shares, compared to its average volume of 16,540. The company has a market capitalization of $125.50 million, a price-to-earnings ratio of 11.94 and a beta of 0.92. First Trust Emerging Markets Human Flourishing ETF has a 12-month low of $26.23 and a 12-month high of $53.33. The company’s fifty day moving average is $46.78 and its 200-day moving average is $40.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP boosted its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% during the 3rd quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock worth $994,000 after acquiring an additional 9,247 shares in the last quarter. Treasure Coast Financial Planning increased its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 17.2% in the 4th quarter. Treasure Coast Financial Planning now owns 49,582 shares of the company’s stock valued at $1,643,000 after purchasing an additional 7,259 shares in the last quarter. MGO One Seven LLC acquired a new position in First Trust Emerging Markets Human Flourishing ETF in the 4th quarter worth about $2,291,000. LPL Financial LLC purchased a new position in First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth approximately $244,000. Finally, Jane Street Group LLC purchased a new position in First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth approximately $769,000.

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.