First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Stock Short Interest Drops 51.2%

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 3,780 shares, a drop of 51.2% from the September 15th total of 7,740 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 79,864 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Active Factor Large Cap ETF Stock Up 0.4%

First Trust Active Factor Large Cap ETF stock traded up $0.18 during mid-day trading on Thursday, reaching $45.18. 80,681 shares of the company’s stock were exchanged, compared to its average volume of 79,715. The business’s fifty day simple moving average is $44.80 and its 200 day simple moving average is $43.45. The firm has a market capitalization of $801.95 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a one year low of $37.40 and a one year high of $45.42.

Institutional Trading of First Trust Active Factor Large Cap ETF

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in shares of First Trust Active Factor Large Cap ETF by 226.6% in the first quarter. International Assets Investment Management LLC now owns 650 shares of the company’s stock valued at $25,000 after buying an additional 451 shares during the period. Royal Bank of Canada lifted its position in shares of First Trust Active Factor Large Cap ETF by 192.5% during the 1st quarter. Royal Bank of Canada now owns 699 shares of the company’s stock valued at $27,000 after buying an additional 460 shares during the last quarter. Signature Equity Partners LLC lifted its position in shares of First Trust Active Factor Large Cap ETF by 39.3% during the 1st quarter. Signature Equity Partners LLC now owns 1,181 shares of the company’s stock valued at $46,000 after buying an additional 333 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust Active Factor Large Cap ETF during the 3rd quarter valued at $114,000. Finally, Western Wealth Management LLC bought a new position in shares of First Trust Active Factor Large Cap ETF during the 1st quarter worth $205,000.

About First Trust Active Factor Large Cap ETF

The First Trust Active Factor Large Cap ETF (AFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation. AFLG was launched on Dec 3, 2019 and is managed by First Trust.