First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 93.7% in July

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 4,096 shares, a decrease of 93.7% from the July 15th total of 64,633 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 562,165 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On First Trust Capital Strength ETF

Several institutional investors have recently bought and sold shares of the business. Investors Research Corp acquired a new stake in shares of First Trust Capital Strength ETF in the second quarter worth $16,354,000. Heck Capital Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 2.2% during the second quarter. Heck Capital Advisors LLC now owns 187,487 shares of the company’s stock worth $17,609,000 after purchasing an additional 4,093 shares in the last quarter. City Holding Co. lifted its stake in shares of First Trust Capital Strength ETF by 6.0% during the second quarter. City Holding Co. now owns 10,383 shares of the company’s stock worth $975,000 after purchasing an additional 590 shares in the last quarter. Allied Private Wealth LLC purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter worth about $101,000. Finally, First Heartland Consultants Inc. grew its stake in shares of First Trust Capital Strength ETF by 15.0% in the second quarter. First Heartland Consultants Inc. now owns 4,592 shares of the company’s stock valued at $431,000 after buying an additional 598 shares in the last quarter.

First Trust Capital Strength ETF Stock Down 0.2%

Shares of NASDAQ FTCS traded down $0.21 during midday trading on Wednesday, hitting $100.40. The stock had a trading volume of 210,151 shares, compared to its average volume of 580,781. The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $101.12. The company has a fifty day moving average price of $96.16 and a 200 day moving average price of $95.36.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2636 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.05 annualized dividend and a yield of 1.1%.

First Trust Capital Strength ETF Company Profile

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.