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

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 4,096 shares, a decrease of 93.7% from the July 15th total of 64,633 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 562,165 shares, the short-interest ratio is presently 0.0 days.

First Trust Capital Strength ETF Trading Down 0.0%

NASDAQ:FTCS traded down $0.04 during trading hours on Tuesday, reaching $100.61. The company had a trading volume of 442,646 shares, compared to its average volume of 583,259. The firm has a market cap of $7.98 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70. The firm’s 50 day moving average price is $96.16 and its 200-day moving average price is $95.36. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $101.12.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust Capital Strength ETF

Hedge funds have recently bought and sold shares of the company. Impact Partnership Wealth LLC lifted its holdings in First Trust Capital Strength ETF by 2.8% in the fourth quarter. Impact Partnership Wealth LLC now owns 3,734 shares of the company’s stock valued at $345,000 after acquiring an additional 103 shares during the period. Advisory Services Network LLC grew its stake in shares of First Trust Capital Strength ETF by 1.1% during the 4th quarter. Advisory Services Network LLC now owns 10,249 shares of the company’s stock valued at $948,000 after purchasing an additional 110 shares during the period. Dynamic Advisor Solutions LLC grew its stake in shares of First Trust Capital Strength ETF by 0.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 24,796 shares of the company’s stock valued at $2,329,000 after purchasing an additional 114 shares during the period. Blair William & Co. IL increased its position in shares of First Trust Capital Strength ETF by 1.8% during the 4th quarter. Blair William & Co. IL now owns 6,756 shares of the company’s stock valued at $625,000 after purchasing an additional 117 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of First Trust Capital Strength ETF by 14.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 939 shares of the company’s stock valued at $88,000 after purchasing an additional 118 shares during the last quarter.

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.