First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Sees Large Drop in Short Interest

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 7,265 shares, a decrease of 49.3% from the June 15th total of 14,327 shares. Based on an average trading volume of 23,829 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

First Trust International Developed Capital Strength ETF Trading Up 0.3%

First Trust International Developed Capital Strength ETF stock traded up $0.13 during midday trading on Wednesday, reaching $42.03. 3,192 shares of the stock traded hands, compared to its average volume of 25,967. The firm has a market cap of $216.45 million, a PE ratio of 19.87 and a beta of 0.71. The company has a 50-day simple moving average of $41.15 and a two-hundred day simple moving average of $40.69. First Trust International Developed Capital Strength ETF has a 12-month low of $37.25 and a 12-month high of $43.38.

First Trust International Developed Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.4455 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.19. This represents a $1.78 annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC boosted its position in shares of First Trust International Developed Capital Strength ETF by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock worth $1,341,000 after acquiring an additional 479 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of First Trust International Developed Capital Strength ETF by 41.6% in the 4th quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock valued at $66,000 after acquiring an additional 483 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust International Developed Capital Strength ETF by 42.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,851 shares of the company’s stock worth $74,000 after acquiring an additional 549 shares in the last quarter. International Assets Investment Management LLC lifted its stake in First Trust International Developed Capital Strength ETF by 11.6% during the first quarter. International Assets Investment Management LLC now owns 6,577 shares of the company’s stock worth $260,000 after purchasing an additional 682 shares during the last quarter. Finally, Claris Financial LLC lifted its stake in First Trust International Developed Capital Strength ETF by 17.5% during the first quarter. Claris Financial LLC now owns 6,393 shares of the company’s stock worth $250,000 after purchasing an additional 953 shares during the last quarter.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.