First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Short Interest Down 75.0% in April

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1 shares, a decrease of 75.0% from the April 15th total of 4 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 99 shares, the days-to-cover ratio is presently 0.0 days.

First Trust S-Network E-Commerce ETF Stock Up 1.1%

Shares of ISHP stock traded up $0.39 on Wednesday, reaching $34.67. The stock had a trading volume of 7 shares, compared to its average volume of 368. The firm’s 50-day moving average is $34.34 and its two-hundred day moving average is $37.24. The firm has a market capitalization of $5.20 million, a price-to-earnings ratio of 19.19 and a beta of 1.03. First Trust S-Network E-Commerce ETF has a 12 month low of $32.05 and a 12 month high of $42.95.

Institutional Investors Weigh In On First Trust S-Network E-Commerce ETF

An institutional investor recently raised its position in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC increased its position in First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) by 49.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,419 shares of the company’s stock after purchasing an additional 10,706 shares during the quarter. Jane Street Group LLC owned approximately 21.61% of First Trust S-Network E-Commerce ETF worth $1,269,000 as of its most recent SEC filing.

First Trust S-Network E-Commerce ETF Company Profile

The First Trust Nasdaq Retail ETF (ISHP) is an exchange-traded fund that is based on the S-Network Global E-Commerce index. The fund tracks an index that provides exposure to the global e-commerce industry. Securities are selected by market-cap and weighted equally. ISHP was launched on Sep 20, 2016 and is managed by First Trust.