Short Interest in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Decreases By 52.2%

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 1,666 shares, a decline of 52.2% from the August 15th total of 3,485 shares. Based on an average daily trading volume, of 1,595 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the shares of the company are sold short.

First Trust Lunt U.S. Factor Rotation ETF Price Performance

Shares of BATS:FCTR opened at $39.98 on Tuesday. The company has a market capitalization of $75.96 million, a P/E ratio of 30.34 and a beta of 1.10. The firm’s 50 day simple moving average is $39.75 and its two-hundred day simple moving average is $38.63. First Trust Lunt U.S. Factor Rotation ETF has a 1-year low of $32.11 and a 1-year high of $41.36.

Institutional Trading of First Trust Lunt U.S. Factor Rotation ETF

A hedge fund recently bought a new position in First Trust Lunt U.S. Factor Rotation ETF stock. Integrated Wealth Concepts LLC bought a new position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,388 shares of the company’s stock, valued at approximately $97,000. Integrated Wealth Concepts LLC owned approximately 0.13% of First Trust Lunt U.S. Factor Rotation ETF at the end of the most recent quarter.

About First Trust Lunt U.S. Factor Rotation ETF

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.