Short Interest in First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Rises By 357.1%

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 3,200 shares, an increase of 357.1% from the October 31st total of 700 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 1.0 days.

First Trust SMID Capital Strength ETF Stock Down 0.8 %

Shares of First Trust SMID Capital Strength ETF stock traded down $0.29 on Thursday, hitting $38.11. 6,267 shares of the company traded hands, compared to its average volume of 2,625. The stock’s 50-day moving average is $36.01. First Trust SMID Capital Strength ETF has a 12-month low of $28.24 and a 12-month high of $38.61.

First Trust SMID Capital Strength ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0695 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend was Thursday, September 26th.