First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Update

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 20,700 shares, a drop of 71.4% from the February 28th total of 72,400 shares. Based on an average daily volume of 290,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On First Trust Capital Strength ETF

Several large investors have recently added to or reduced their stakes in the company. Citigroup Inc. lifted its position in shares of First Trust Capital Strength ETF by 13.7% during the 3rd quarter. Citigroup Inc. now owns 60,712 shares of the company’s stock worth $5,513,000 after buying an additional 7,298 shares during the period. Fisher Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the third quarter valued at $249,000. FMR LLC boosted its stake in shares of First Trust Capital Strength ETF by 19.4% in the 3rd quarter. FMR LLC now owns 21,619 shares of the company’s stock valued at $1,963,000 after purchasing an additional 3,508 shares in the last quarter. Avestar Capital LLC bought a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter worth about $209,000. Finally, Townsquare Capital LLC increased its position in shares of First Trust Capital Strength ETF by 24.6% during the 3rd quarter. Townsquare Capital LLC now owns 3,955 shares of the company’s stock worth $359,000 after purchasing an additional 781 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

NASDAQ FTCS opened at $89.30 on Thursday. The stock has a 50-day simple moving average of $89.69 and a 200 day simple moving average of $90.20. First Trust Capital Strength ETF has a twelve month low of $81.16 and a twelve month high of $94.23. The stock has a market capitalization of $8.79 billion, a PE ratio of 23.46 and a beta of 0.86.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).