First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Short Interest Update

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 144,161 shares, a decline of 29.3% from the November 30th total of 203,833 shares. Based on an average daily trading volume, of 100,684 shares, the short-interest ratio is presently 1.4 days. Approximately 2.1% of the company’s stock are sold short. Approximately 2.1% of the company’s stock are sold short. Based on an average daily trading volume, of 100,684 shares, the short-interest ratio is presently 1.4 days.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Trading Down 0.6%

Shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF stock traded down $0.09 during trading hours on Monday, reaching $15.55. 135,953 shares of the company’s stock were exchanged, compared to its average volume of 83,423. The stock has a market cap of $108.85 million, a P/E ratio of -170.09 and a beta of 3.26. The company has a 50 day moving average of $18.05 and a two-hundred day moving average of $20.85. First Trust SkyBridge Crypto Industry and Digital Economy ETF has a fifty-two week low of $10.51 and a fifty-two week high of $25.90.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a $0.1131 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, December 12th. First Trust SkyBridge Crypto Industry and Digital Economy ETF’s dividend payout ratio (DPR) is currently -120.32%.

Institutional Investors Weigh In On First Trust SkyBridge Crypto Industry and Digital Economy ETF

Several large investors have recently made changes to their positions in the stock. Gradient Investments LLC grew its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 23.6% in the third quarter. Gradient Investments LLC now owns 1,569,583 shares of the company’s stock valued at $34,970,000 after buying an additional 299,790 shares in the last quarter. Mattson Financial Services LLC increased its stake in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 13.9% during the 3rd quarter. Mattson Financial Services LLC now owns 254,307 shares of the company’s stock worth $5,666,000 after purchasing an additional 31,062 shares during the last quarter. Csenge Advisory Group raised its holdings in shares of First Trust SkyBridge Crypto Industry and Digital Economy ETF by 41.0% in the 3rd quarter. Csenge Advisory Group now owns 203,994 shares of the company’s stock valued at $4,545,000 after purchasing an additional 59,336 shares during the period. Cetera Investment Advisers lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 2.9% in the 2nd quarter. Cetera Investment Advisers now owns 194,243 shares of the company’s stock valued at $4,508,000 after purchasing an additional 5,479 shares during the last quarter. Finally, Compass Capital Corp MA ADV grew its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.6% during the third quarter. Compass Capital Corp MA ADV now owns 112,549 shares of the company’s stock worth $2,508,000 after purchasing an additional 3,945 shares during the period.

About First Trust SkyBridge Crypto Industry and Digital Economy ETF

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.