First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Up 109.4% in December

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 45,712 shares, a growth of 109.4% from the November 30th total of 21,835 shares. Based on an average daily volume of 540,264 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 540,264 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Capital Strength ETF Stock Performance

FTCS stock traded down $0.02 during mid-day trading on Friday, hitting $93.63. 161,503 shares of the company were exchanged, compared to its average volume of 331,060. First Trust Capital Strength ETF has a 1-year low of $80.65 and a 1-year high of $94.37. The firm’s 50 day simple moving average is $92.25 and its 200 day simple moving average is $92.08. The firm has a market cap of $8.38 billion, a P/E ratio of 21.51 and a beta of 0.80.

First Trust Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a $0.2607 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $1.04 annualized dividend and a yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

Hedge Funds Weigh In On First Trust Capital Strength ETF

A number of large investors have recently added to or reduced their stakes in the company. Huntleigh Advisors Inc. lifted its holdings in shares of First Trust Capital Strength ETF by 2.0% in the third quarter. Huntleigh Advisors Inc. now owns 5,940 shares of the company’s stock valued at $556,000 after purchasing an additional 114 shares in the last quarter. HBW Advisory Services LLC lifted its stake in First Trust Capital Strength ETF by 2.0% in the 2nd quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock valued at $544,000 after acquiring an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in First Trust Capital Strength ETF by 1.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock worth $947,000 after acquiring an additional 127 shares during the last quarter. Savant Capital LLC grew its stake in shares of First Trust Capital Strength ETF by 1.1% during the 3rd quarter. Savant Capital LLC now owns 11,899 shares of the company’s stock worth $1,114,000 after acquiring an additional 128 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. grew its stake in shares of First Trust Capital Strength ETF by 26.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock worth $56,000 after acquiring an additional 129 shares in the last quarter.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.