First Trust Capital Strength ETF (NASDAQ:FTCS) Stock Short Interest Report for October

First Trust Capital Strength ETF (NASDAQ:FTCS) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 164,055 shares, a growth of 200.5% from the September 30th total of 54,590 shares. Based on an average daily volume of 400,228 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $101.52 on Thursday. The stock has a market capitalization of $7.87 billion, a PE ratio of 21.51 and a beta of 0.70. First Trust Capital Strength ETF has a 1 year low of $89.76 and a 1 year high of $102.93. The company’s 50-day simple moving average is $98.08 and its 200-day simple moving average is $96.19.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.3332 per share. This represents a $1.33 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 24th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

Institutional Investors Weigh In On First Trust Capital Strength ETF

A number of hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. purchased a new position in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $26,112,000. Investors Research Corp acquired a new stake in shares of First Trust Capital Strength ETF in the 2nd quarter valued at approximately $16,354,000. Oppenheimer & Co. Inc. acquired a new stake in shares of First Trust Capital Strength ETF in the 3rd quarter valued at approximately $12,562,000. NI Acquisitions Company LLC purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at approximately $8,494,000. Finally, Gateway Wealth Partners LLC boosted its stake in shares of First Trust Capital Strength ETF by 99.2% in the first quarter. Gateway Wealth Partners LLC now owns 169,052 shares of the company’s stock valued at $15,681,000 after buying an additional 84,185 shares in the last quarter.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.