First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Sees Significant Increase in Short Interest

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 31,514 shares, a growth of 411.3% from the May 14th total of 6,164 shares. Based on an average daily volume of 9,416 shares, the short-interest ratio is currently 3.3 days. Currently, 1.3% of the shares of the company are short sold.

First Trust Emerging Markets Human Flourishing ETF Stock Performance

First Trust Emerging Markets Human Flourishing ETF stock traded down $1.10 during midday trading on Wednesday, hitting $45.55. 5,637 shares of the company’s stock were exchanged, compared to its average volume of 16,990. First Trust Emerging Markets Human Flourishing ETF has a 12-month low of $25.56 and a 12-month high of $50.86. The stock has a market cap of $113.88 million, a price-to-earnings ratio of 11.94 and a beta of 0.92. The firm’s 50 day simple moving average is $44.16 and its 200 day simple moving average is $38.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. MGO One Seven LLC purchased a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the 4th quarter valued at about $2,291,000. Treasure Coast Financial Planning increased its holdings in shares of First Trust Emerging Markets Human Flourishing ETF by 17.2% in the 4th quarter. Treasure Coast Financial Planning now owns 49,582 shares of the company’s stock valued at $1,643,000 after purchasing an additional 7,259 shares in the last quarter. Susquehanna International Group LLP increased its holdings in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% in the 3rd quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock valued at $994,000 after purchasing an additional 9,247 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the 4th quarter valued at about $769,000. Finally, Cetera Investment Advisers increased its holdings in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% in the 1st quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock valued at $478,000 after purchasing an additional 2,385 shares in the last quarter.

First Trust Emerging Markets Human Flourishing ETF Company Profile

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.