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

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 45,712 shares, an increase of 109.4% from the November 30th total of 21,835 shares. Based on an average daily volume of 540,264 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 540,264 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust Capital Strength ETF

Several hedge funds and other institutional investors have recently modified their holdings of FTCS. Stillwater Wealth Management Group purchased a new position in First Trust Capital Strength ETF during the third quarter valued at $1,606,000. KERR FINANCIAL PLANNING Corp purchased a new stake in First Trust Capital Strength ETF in the third quarter worth about $346,000. CIBC Private Wealth Group LLC raised its stake in shares of First Trust Capital Strength ETF by 175.8% in the third quarter. CIBC Private Wealth Group LLC now owns 2,471 shares of the company’s stock worth $231,000 after buying an additional 1,575 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at about $231,000. Finally, Tcfg Wealth Management LLC bought a new position in shares of First Trust Capital Strength ETF during the 3rd quarter valued at approximately $2,998,000.

First Trust Capital Strength ETF Stock Down 0.0%

Shares of NASDAQ:FTCS opened at $93.63 on Monday. The stock has a market capitalization of $8.38 billion, a PE ratio of 21.51 and a beta of 0.80. The firm’s 50 day moving average price is $92.25 and its 200-day moving average price is $92.10. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a $0.2607 dividend. The ex-dividend date is Friday, December 12th. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 1.1%.

About First Trust Capital Strength ETF

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.