First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Update

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,100 shares, a growth of 110.0% from the November 30th total of 1,000 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 184,457.7% during the third quarter. International Assets Investment Management LLC now owns 191,940 shares of the exchange traded fund’s stock worth $11,133,000 after purchasing an additional 191,836 shares in the last quarter. Jane Street Group LLC raised its stake in First Trust S-Network Future Vehicles & Technology ETF by 69.6% in the third quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after buying an additional 6,651 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock worth $573,000 after buying an additional 4,750 shares during the last quarter. Stifel Financial Corp boosted its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% during the 3rd quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 203 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter valued at about $29,000.

First Trust S-Network Future Vehicles & Technology ETF Price Performance

Shares of First Trust S-Network Future Vehicles & Technology ETF stock traded up $0.23 on Friday, reaching $60.28. 1,570 shares of the company were exchanged, compared to its average volume of 2,305. The stock’s 50 day moving average price is $58.28 and its 200-day moving average price is $57.59. First Trust S-Network Future Vehicles & Technology ETF has a 1-year low of $50.83 and a 1-year high of $63.10. The company has a market cap of $36.17 million, a P/E ratio of 17.65 and a beta of 1.27.

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

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.2887 per share. The ex-dividend date is Friday, December 13th.

About First Trust S-Network Future Vehicles & Technology ETF

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.