Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Rises By 36.9%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 8,900 shares, a growth of 36.9% from the February 28th total of 6,500 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 32,500 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of First Trust International Developed Capital Strength ETF

Several institutional investors have recently made changes to their positions in the business. Townsquare Capital LLC lifted its holdings in First Trust International Developed Capital Strength ETF by 106.9% in the 3rd quarter. Townsquare Capital LLC now owns 26,144 shares of the company’s stock worth $980,000 after purchasing an additional 13,505 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of First Trust International Developed Capital Strength ETF by 5.4% during the third quarter. Integrated Wealth Concepts LLC now owns 53,456 shares of the company’s stock valued at $2,004,000 after buying an additional 2,718 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust International Developed Capital Strength ETF in the third quarter worth $1,825,000. JPMorgan Chase & Co. boosted its position in shares of First Trust International Developed Capital Strength ETF by 59.7% during the third quarter. JPMorgan Chase & Co. now owns 1,247 shares of the company’s stock worth $47,000 after acquiring an additional 466 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust International Developed Capital Strength ETF during the fourth quarter worth $202,000.

First Trust International Developed Capital Strength ETF Stock Performance

FICS opened at $36.82 on Wednesday. The stock has a market cap of $176.74 million, a price-to-earnings ratio of 20.21 and a beta of 0.84. The firm’s fifty day moving average is $36.51 and its 200 day moving average is $35.86. First Trust International Developed Capital Strength ETF has a fifty-two week low of $33.06 and a fifty-two week high of $37.93.

First Trust International Developed Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1475 dividend. This is a positive change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, March 27th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.60%.

First Trust International Developed Capital Strength ETF Company Profile

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).