First Trust Indxx Medical Devices ETF (BATS:MDEV) Short Interest Up ∞ in April

First Trust Indxx Medical Devices ETF (BATS:MDEV) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 42 shares, an increase of ∞ from the April 15th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 542 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of First Trust Indxx Medical Devices ETF

A hedge fund recently raised its stake in First Trust Indxx Medical Devices ETF stock. Jane Street Group LLC grew its holdings in First Trust Indxx Medical Devices ETF (BATS:MDEV) by 38.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,812 shares of the company’s stock after buying an additional 5,756 shares during the period. Jane Street Group LLC owned 20.81% of First Trust Indxx Medical Devices ETF worth $428,000 at the end of the most recent quarter.

First Trust Indxx Medical Devices ETF Price Performance

MDEV stock opened at $17.85 on Monday. The business has a 50 day moving average price of $19.00 and a two-hundred day moving average price of $20.27. The company has a market cap of $1.79 million, a price-to-earnings ratio of 29.75 and a beta of 1.05. First Trust Indxx Medical Devices ETF has a twelve month low of $17.85 and a twelve month high of $21.82.

About First Trust Indxx Medical Devices ETF

The First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is managed by First Trust.