First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Sees Large Growth in Short Interest

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 8,894 shares, a growth of 75.3% from the August 15th total of 5,075 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 21,756 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Emerging Markets Human Flourishing ETF Trading Up 0.2%

Shares of NYSEARCA:FTHF traded up $0.09 during mid-day trading on Wednesday, reaching $48.63. The stock had a trading volume of 43,988 shares, compared to its average volume of 17,243. The firm has a 50 day simple moving average of $46.67 and a two-hundred day simple moving average of $44.85. First Trust Emerging Markets Human Flourishing ETF has a twelve month low of $29.04 and a twelve month high of $53.33. The firm has a market cap of $145.84 million, a PE ratio of 11.94 and a beta of 0.99.

Hedge Funds Weigh In On First Trust Emerging Markets Human Flourishing ETF

Several institutional investors and hedge funds have recently made changes to their positions in FTHF. Kraematon Investment Advisors Inc. raised its stake in First Trust Emerging Markets Human Flourishing ETF by 68.0% during the 2nd quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock worth $1,776,000 after buying an additional 14,437 shares during the period. Cetera Investment Advisers increased its holdings in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% in the first quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock worth $478,000 after acquiring an additional 2,385 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth about $470,000. Carlson Financial Inc. acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the second quarter worth about $206,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the 2nd quarter valued at about $59,000.

About First Trust Emerging Markets Human Flourishing ETF

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.