First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Stock Short Interest Declines 57.4%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 2,178 shares, a decrease of 57.4% from the September 15th total of 5,109 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 7,464 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in First Trust International Developed Capital Strength ETF by 27.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 72,657 shares of the company’s stock worth $3,035,000 after buying an additional 15,820 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in First Trust International Developed Capital Strength ETF during the 2nd quarter worth approximately $1,892,000. Citadel Advisors LLC increased its stake in First Trust International Developed Capital Strength ETF by 28.0% during the 2nd quarter. Citadel Advisors LLC now owns 42,040 shares of the company’s stock worth $1,756,000 after buying an additional 9,189 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of First Trust International Developed Capital Strength ETF by 8.1% during the first quarter. NewEdge Advisors LLC now owns 33,684 shares of the company’s stock valued at $1,315,000 after acquiring an additional 2,532 shares during the last quarter. Finally, Claris Financial LLC raised its holdings in shares of First Trust International Developed Capital Strength ETF by 17.5% during the first quarter. Claris Financial LLC now owns 6,393 shares of the company’s stock valued at $250,000 after acquiring an additional 953 shares during the last quarter.

First Trust International Developed Capital Strength ETF Trading Down 0.2%

FICS traded down $0.10 during trading on Wednesday, hitting $40.17. The company’s stock had a trading volume of 3,472 shares, compared to its average volume of 20,429. First Trust International Developed Capital Strength ETF has a twelve month low of $37.65 and a twelve month high of $43.38. The business’s fifty day simple moving average is $41.52 and its 200 day simple moving average is $41.18. The firm has a market capitalization of $196.86 million, a price-to-earnings ratio of 19.87 and a beta of 0.70.

First Trust International Developed Capital Strength ETF Cuts Dividend

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

About First Trust International Developed Capital Strength ETF

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.