First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Stock Short Interest Rises 97.8%

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 914 shares, an increase of 97.8% from the October 15th total of 462 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,501 shares, the days-to-cover ratio is currently 0.6 days.

First Trust Lunt U.S. Factor Rotation ETF Stock Up 0.7%

BATS:FCTR traded up $0.24 during trading hours on Friday, reaching $32.43. The company had a trading volume of 2,146 shares, compared to its average volume of 2,396. First Trust Lunt U.S. Factor Rotation ETF has a twelve month low of $31.55 and a twelve month high of $41.36. The firm has a market cap of $45.40 million, a price-to-earnings ratio of 16.28 and a beta of 1.07. The business’s 50-day simple moving average is $36.30 and its two-hundred day simple moving average is $37.85.

Hedge Funds Weigh In On First Trust Lunt U.S. Factor Rotation ETF

A number of institutional investors have recently modified their holdings of the company. Harbour Investments Inc. bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the 3rd quarter worth $294,000. Lunt Capital Management Inc. increased its stake in First Trust Lunt U.S. Factor Rotation ETF by 1.0% during the 3rd quarter. Lunt Capital Management Inc. now owns 287,722 shares of the company’s stock valued at $10,809,000 after purchasing an additional 2,844 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 2nd quarter valued at $97,000. Finally, Western Wealth Management LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the first quarter worth $27,000.

First Trust Lunt U.S. Factor Rotation ETF Company Profile

(Get Free Report)

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.

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