First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Shares Shorted: Short Interest Up 324.0% in September

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 5,109 shares, a growth of 324.0% from the August 31st total of 1,205 shares. Based on an average daily trading volume, of 6,214 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the company’s shares are sold short.

First Trust International Developed Capital Strength ETF Price Performance

First Trust International Developed Capital Strength ETF stock opened at $40.51 on Friday. The stock has a market cap of $200.52 million, a price-to-earnings ratio of 19.87 and a beta of 0.71. The firm has a 50-day moving average of $42.04 and a two-hundred day moving average of $41.12. First Trust International Developed Capital Strength ETF has a 1 year low of $37.25 and a 1 year high of $43.38.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be issued a $0.1036 dividend. The ex-dividend date is Thursday, September 24th. This is a negative change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.4455. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers grew its position in shares of First Trust International Developed Capital Strength ETF by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 411,682 shares of the company’s stock worth $16,070,000 after buying an additional 5,296 shares in the last quarter. Key Financial Inc raised its holdings in shares of First Trust International Developed Capital Strength ETF by 1.1% in the first quarter. Key Financial Inc now owns 249,690 shares of the company’s stock valued at $9,747,000 after acquiring an additional 2,670 shares in the last quarter. Centennial Wealth Advisory LLC raised its holdings in shares of First Trust International Developed Capital Strength ETF by 48.4% in the first quarter. Centennial Wealth Advisory LLC now owns 146,665 shares of the company’s stock valued at $5,725,000 after acquiring an additional 47,814 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust International Developed Capital Strength ETF by 27.8% in the second quarter. Envestnet Asset Management Inc. now owns 72,657 shares of the company’s stock worth $3,035,000 after acquiring an additional 15,820 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in First Trust International Developed Capital Strength ETF by 27.9% in the first quarter. Janney Montgomery Scott LLC now owns 66,124 shares of the company’s stock worth $2,581,000 after acquiring an additional 14,428 shares during the period.

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.