First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Shares Shorted: Short Interest Down 68.0% in October

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,098 shares, a decrease of 68.0% from the September 30th total of 3,427 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 29,548 shares, the short-interest ratio is presently 0.0 days.

First Trust Active Factor Small Cap ETF Stock Down 1.7%

Shares of AFSM stock traded down $0.67 during trading on Friday, hitting $39.59. The company had a trading volume of 17,687 shares, compared to its average volume of 17,765. The stock’s 50-day moving average is $39.88 and its two-hundred day moving average is $37.62. The stock has a market capitalization of $132.63 million, a price-to-earnings ratio of 13.11 and a beta of 1.04. First Trust Active Factor Small Cap ETF has a 52 week low of $30.74 and a 52 week high of $41.63.

Hedge Funds Weigh In On First Trust Active Factor Small Cap ETF

A number of institutional investors have recently made changes to their positions in AFSM. James J. Burns & Company LLC increased its stake in First Trust Active Factor Small Cap ETF by 1.3% in the third quarter. James J. Burns & Company LLC now owns 564,852 shares of the company’s stock valued at $22,137,000 after acquiring an additional 7,349 shares during the last quarter. MGO One Seven LLC lifted its stake in First Trust Active Factor Small Cap ETF by 19.5% during the third quarter. MGO One Seven LLC now owns 95,667 shares of the company’s stock worth $3,749,000 after purchasing an additional 15,580 shares during the last quarter. Ethos Financial Group LLC lifted its stake in First Trust Active Factor Small Cap ETF by 10.2% during the first quarter. Ethos Financial Group LLC now owns 45,344 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,213 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of First Trust Active Factor Small Cap ETF by 4.6% in the 1st quarter. Kestra Advisory Services LLC now owns 28,109 shares of the company’s stock worth $924,000 after purchasing an additional 1,246 shares in the last quarter. Finally, World Equity Group Inc. boosted its holdings in shares of First Trust Active Factor Small Cap ETF by 5.6% in the 2nd quarter. World Equity Group Inc. now owns 10,873 shares of the company’s stock worth $447,000 after purchasing an additional 581 shares in the last quarter.

First Trust Active Factor Small Cap ETF Company Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.