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

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 8,894 shares, an increase of 75.3% from the August 15th total of 5,075 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,756 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On First Trust Emerging Markets Human Flourishing ETF

A number of hedge funds have recently made changes to their positions in FTHF. Tucker Asset Management LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at approximately $53,000. Integrated Wealth Concepts LLC acquired a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the second quarter worth approximately $59,000. Cetera Investment Advisers boosted its position in 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 buying an additional 2,385 shares during the last quarter. Carlson Financial Inc. bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF in the 2nd quarter valued at about $206,000. Finally, Western Wealth Management LLC bought a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth approximately $470,000.

First Trust Emerging Markets Human Flourishing ETF Stock Up 0.2%

First Trust Emerging Markets Human Flourishing ETF stock traded up $0.09 during mid-day trading on Wednesday, hitting $48.63. 43,988 shares of the company were exchanged, compared to its average volume of 17,243. The company has a market capitalization of $145.84 million, a PE ratio of 11.94 and a beta of 0.99. The business has a fifty day moving average of $46.67 and a 200 day moving average of $44.85. First Trust Emerging Markets Human Flourishing ETF has a 1-year low of $29.04 and a 1-year high of $53.33.

About First Trust Emerging Markets Human Flourishing ETF

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.