First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 64,633 shares, a decrease of 74.3% from the June 30th total of 251,824 shares. Based on an average trading volume of 489,683 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Crux Wealth Advisors raised its holdings in First Trust Capital Strength ETF by 392.8% during the 4th quarter. Crux Wealth Advisors now owns 30,872 shares of the company’s stock worth $2,856,000 after purchasing an additional 24,608 shares during the last quarter. tru Independence LLC grew its position in shares of First Trust Capital Strength ETF by 8.3% during the 4th quarter. tru Independence LLC now owns 177,567 shares of the company’s stock worth $16,427,000 after buying an additional 13,662 shares during the period. Plus Group Wealth Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 4th quarter worth approximately $1,675,000. Merit Financial Group LLC bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $10,376,000. Finally, Galvin Gaustad & Stein LLC bought a new stake in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $973,000.

First Trust Capital Strength ETF Stock Performance

Shares of First Trust Capital Strength ETF stock traded up $1.26 during trading on Friday, reaching $97.39. The company’s stock had a trading volume of 607,525 shares, compared to its average volume of 592,189. The business’s fifty day moving average price is $94.70 and its 200-day moving average price is $94.97. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 21.51 and a beta of 0.71. First Trust Capital Strength ETF has a one year low of $89.76 and a one year high of $99.74.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.2636 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.05 annualized dividend and a yield of 1.1%.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.