First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Down 43.8% in June

Posted by Teresa Graham on Jul 1st, 2024

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 900 shares, a decline of 43.8% from the May 31st total of 1,600 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 0.5 days.

First Trust S-Network Future Vehicles & Technology ETF Stock Down 0.6 %

NASDAQ CARZ traded down $0.36 during trading hours on Friday, hitting $58.42. 549 shares of the stock were exchanged, compared to its average volume of 2,186. The company has a market cap of $37.97 million, a price-to-earnings ratio of 17.65 and a beta of 1.27. First Trust S-Network Future Vehicles & Technology ETF has a 12-month low of $46.26 and a 12-month high of $60.30. The stock has a 50-day moving average of $58.28 and a 200 day moving average of $57.13.

First Trust S-Network Future Vehicles & Technology ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.2658 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date was Thursday, June 27th.

Institutional Trading of First Trust S-Network Future Vehicles & Technology ETF

A hedge fund recently bought a new stake in First Trust S-Network Future Vehicles & Technology ETF stock. Global Retirement Partners LLC acquired a new position in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,854 shares of the exchange traded fund’s stock, valued at approximately $153,000. Global Retirement Partners LLC owned approximately 0.38% of First Trust S-Network Future Vehicles & Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

First Trust S-Network Future Vehicles & Technology ETF Company Profile

(Get Free Report)

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.