First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Short Interest Down 27.4% in January

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 19,414 shares, a drop of 27.4% from the January 15th total of 26,734 shares. Based on an average daily trading volume, of 121,769 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 121,769 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On First Trust Active Factor Large Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new position in First Trust Active Factor Large Cap ETF during the 3rd quarter valued at about $29,000. Cullen Frost Bankers Inc. lifted its holdings in shares of First Trust Active Factor Large Cap ETF by 60.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock valued at $37,000 after purchasing an additional 351 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of First Trust Active Factor Large Cap ETF by 205.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock valued at $39,000 after buying an additional 665 shares during the last quarter. Capital Investment Advisory Services LLC grew its holdings in First Trust Active Factor Large Cap ETF by 160.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,304 shares of the company’s stock worth $51,000 after buying an additional 804 shares in the last quarter. Finally, Rossby Financial LCC raised its position in First Trust Active Factor Large Cap ETF by 73.0% in the 3rd quarter. Rossby Financial LCC now owns 1,564 shares of the company’s stock valued at $61,000 after buying an additional 660 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of First Trust Active Factor Large Cap ETF stock opened at $40.31 on Friday. First Trust Active Factor Large Cap ETF has a 52 week low of $29.11 and a 52 week high of $41.05. The stock has a 50 day moving average price of $39.83 and a two-hundred day moving average price of $38.84. The stock has a market capitalization of $483.72 million, a PE ratio of 20.95 and a beta of 0.96.

First Trust Active Factor Large Cap ETF Company Profile

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.