First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Sees Significant Increase in Short Interest

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,215 shares, an increase of ∞ from the July 30th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,798 shares, the days-to-cover ratio is presently 0.1 days.

First Trust International Developed Capital Strength ETF Stock Performance

First Trust International Developed Capital Strength ETF stock traded down $0.09 during midday trading on Friday, reaching $42.39. The stock had a trading volume of 8,381 shares, compared to its average volume of 22,788. The stock has a market capitalization of $211.95 million, a P/E ratio of 19.87 and a beta of 0.71. First Trust International Developed Capital Strength ETF has a 1-year low of $37.25 and a 1-year high of $43.38. The firm’s fifty day simple moving average is $42.19 and its 200-day simple moving average is $41.13.

First Trust International Developed Capital Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.4455 dividend. This is a boost from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, June 25th. This represents a $1.78 annualized dividend and a yield of 4.2%.

Institutional Trading of First Trust International Developed Capital Strength ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Private Advisor Group LLC grew its stake in shares of First Trust International Developed Capital Strength ETF by 1.4% in the third quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock worth $1,341,000 after purchasing an additional 479 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in First Trust International Developed Capital Strength ETF by 42.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,851 shares of the company’s stock valued at $74,000 after acquiring an additional 549 shares during the period. International Assets Investment Management LLC lifted its stake in shares of First Trust International Developed Capital Strength ETF by 11.6% in the first quarter. International Assets Investment Management LLC now owns 6,577 shares of the company’s stock valued at $260,000 after buying an additional 682 shares in the last quarter. Claris Financial LLC lifted its holdings in shares of First Trust International Developed Capital Strength ETF by 17.5% in the first quarter. Claris Financial LLC now owns 6,393 shares of the company’s stock valued at $250,000 after purchasing an additional 953 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its stake in First Trust International Developed Capital Strength ETF by 4.1% during the 3rd quarter. Moors & Cabot Inc. now owns 30,824 shares of the company’s stock valued at $1,176,000 after acquiring an additional 1,204 shares in the last quarter.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.