First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Stock Short Interest Falls 70.5%

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 462 shares, a decline of 70.5% from the September 30th total of 1,565 shares. Based on an average daily volume of 1,676 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of First Trust Lunt U.S. Factor Rotation ETF

An institutional investor recently bought a new stake in First Trust Lunt U.S. Factor Rotation ETF stock. Integrated Wealth Concepts LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,388 shares of the company’s stock, valued at approximately $97,000. Integrated Wealth Concepts LLC owned approximately 0.13% of First Trust Lunt U.S. Factor Rotation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

First Trust Lunt U.S. Factor Rotation ETF Trading Up 2.0%

BATS FCTR opened at $35.41 on Wednesday. The stock has a market capitalization of $67.28 million, a price-to-earnings ratio of 30.34 and a beta of 1.10. The business’s 50 day moving average is $38.30 and its two-hundred day moving average is $38.15. First Trust Lunt U.S. Factor Rotation ETF has a 12-month low of $32.11 and a 12-month high of $41.36.

About First Trust Lunt U.S. Factor Rotation ETF

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.