First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Sees Large Drop in Short Interest

Posted by Patrick Bannon on Sep 16th, 2026

First Trust SMID Growth Strength ETF (NASDAQ:FSGS – Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 73 shares, a decline of 52.0% from the August 15th total of 152 shares. Based on an average daily volume of 792 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On First Trust SMID Growth Strength ETF

A hedge fund recently raised its position in First Trust SMID Growth Strength ETF stock. Western Wealth Management LLC raised its position in First Trust SMID Growth Strength ETF (NASDAQ:FSGS – Free Report) by 8.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,552 shares of the company’s stock after purchasing an additional 577 shares during the quarter. Western Wealth Management LLC owned 0.84% of First Trust SMID Growth Strength ETF worth $230,000 at the end of the most recent quarter.

First Trust SMID Growth Strength ETF Price Performance

NASDAQ:FSGS traded up $0.09 during trading hours on Wednesday, reaching $32.73. 82 shares of the company were exchanged, compared to its average volume of 1,972. The firm has a market cap of $1.96 million, a price-to-earnings ratio of 18.32 and a beta of 0.96. The stock has a 50 day simple moving average of $33.03 and a 200 day simple moving average of $31.45. First Trust SMID Growth Strength ETF has a 52-week low of $28.35 and a 52-week high of $34.15.

First Trust SMID Growth Strength ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.0102 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%.

First Trust SMID Growth Strength ETF Company Profile

(Get Free Report)

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.