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

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 18,417 shares, a decrease of 37.0% from the September 15th total of 29,244 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 13,817 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of First Trust Emerging Markets Human Flourishing ETF

A number of institutional investors have recently modified their holdings of the company. Western Wealth Management LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth about $470,000. Kraematon Investment Advisors Inc. raised its position in First Trust Emerging Markets Human Flourishing ETF by 68.0% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock valued at $1,776,000 after buying an additional 14,437 shares during the last quarter. Carlson Financial Inc. bought a new stake in First Trust Emerging Markets Human Flourishing ETF in the 2nd quarter valued at approximately $206,000. Cetera Investment Advisers lifted its stake in First Trust Emerging Markets Human Flourishing ETF by 22.9% in the 1st quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock valued at $478,000 after acquiring an additional 2,385 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new stake in First Trust Emerging Markets Human Flourishing ETF in the 2nd quarter valued at approximately $53,000.

First Trust Emerging Markets Human Flourishing ETF Trading Down 1.3%

FTHF stock opened at $45.98 on Friday. The stock has a 50-day moving average price of $48.55 and a two-hundred day moving average price of $46.55. The stock has a market cap of $140.24 million, a PE ratio of 11.94 and a beta of 0.99. First Trust Emerging Markets Human Flourishing ETF has a 1 year low of $30.24 and a 1 year high of $53.33.

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.