First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Sees Significant Decrease in Short Interest

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 9,700 shares, a drop of 50.0% from the January 31st total of 19,400 shares. Based on an average daily trading volume, of 29,100 shares, the short-interest ratio is presently 0.3 days.

First Trust International Developed Capital Strength ETF Stock Up 0.1 %

Shares of FICS stock traded up $0.05 during trading hours on Friday, hitting $36.34. 18,780 shares of the company’s stock traded hands, compared to its average volume of 29,676. The stock has a market cap of $174.43 million, a PE ratio of 17.06 and a beta of 0.84. The stock’s 50 day simple moving average is $35.15 and its 200 day simple moving average is $35.72. First Trust International Developed Capital Strength ETF has a 12 month low of $33.06 and a 12 month high of $37.93.

First Trust International Developed Capital Strength ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.188 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust International Developed Capital Strength ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of First Trust International Developed Capital Strength ETF by 59.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,247 shares of the company’s stock valued at $47,000 after purchasing an additional 466 shares during the last quarter. TD Capital Management LLC grew its position in shares of First Trust International Developed Capital Strength ETF by 49.8% during the 4th quarter. TD Capital Management LLC now owns 2,346 shares of the company’s stock worth $80,000 after buying an additional 780 shares during the period. Coppell Advisory Solutions LLC increased its stake in shares of First Trust International Developed Capital Strength ETF by 298.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 3,539 shares of the company’s stock valued at $120,000 after acquiring an additional 2,651 shares in the last quarter. International Assets Investment Management LLC bought a new position in First Trust International Developed Capital Strength ETF during the fourth quarter worth $202,000. Finally, Sanctuary Advisors LLC acquired a new stake in First Trust International Developed Capital Strength ETF in the fourth quarter worth $296,000.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).