First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Update

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 100 shares, a decrease of 88.1% from the April 15th total of 840 shares. Based on an average daily trading volume, of 1,488 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

First Trust SMID Growth Strength ETF Stock Performance

Shares of NASDAQ FSGS traded down $0.30 during mid-day trading on Wednesday, reaching $30.35. The company had a trading volume of 301 shares, compared to its average volume of 1,902. The stock has a fifty day moving average of $30.16 and a two-hundred day moving average of $30.58. The company has a market capitalization of $28.83 million, a price-to-earnings ratio of 18.32 and a beta of 0.97. First Trust SMID Growth Strength ETF has a 12-month low of $28.35 and a 12-month high of $32.08.

Institutional Trading of First Trust SMID Growth Strength ETF

A number of hedge funds have recently made changes to their positions in FSGS. Osaic Holdings Inc. purchased a new stake in shares of First Trust SMID Growth Strength ETF in the second quarter worth approximately $168,000. Citadel Advisors LLC lifted its position in shares of First Trust SMID Growth Strength ETF by 7.2% in the third quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after purchasing an additional 2,361 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of First Trust SMID Growth Strength ETF by 59.5% in the third quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock worth $1,312,000 after purchasing an additional 15,668 shares in the last quarter. Western Wealth Management LLC lifted its position in shares of First Trust SMID Growth Strength ETF by 8.3% in the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock worth $230,000 after purchasing an additional 577 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of First Trust SMID Growth Strength ETF in the fourth quarter worth approximately $73,000.

First Trust SMID Growth Strength ETF Company Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.