First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,753 shares, a decrease of 39.9% from the September 30th total of 2,916 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily volume of 1,927 shares, the short-interest ratio is currently 0.9 days.
First Trust S&P 500 Economic Moat ETF Price Performance
Shares of NYSEARCA:EMOT traded up $0.33 during midday trading on Monday, reaching $26.99. The company’s stock had a trading volume of 1,677 shares, compared to its average volume of 1,178. First Trust S&P 500 Economic Moat ETF has a fifty-two week low of $22.97 and a fifty-two week high of $27.47. The company has a market capitalization of $2.70 million, a P/E ratio of 24.64 and a beta of 0.81. The business’s fifty day simple moving average is $26.45 and its 200-day simple moving average is $25.66.
First Trust S&P 500 Economic Moat ETF Company Profile
The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.
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