First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) Short Interest Update

First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 86,200 shares, a drop of 29.2% from the August 31st total of 121,800 shares. Based on an average daily volume of 82,200 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 82,200 shares, the short-interest ratio is currently 1.0 days.

First Trust SkyBridge Crypto Industry and Digital Economy ETF Stock Down 1.6%

CRPT stock opened at $24.13 on Wednesday. The firm has a 50 day moving average of $21.76 and a 200 day moving average of $19.70. The stock has a market capitalization of $168.91 million, a PE ratio of -263.95 and a beta of 2.45. First Trust SkyBridge Crypto Industry and Digital Economy ETF has a 52 week low of $10.51 and a 52 week high of $25.90.

Institutional Trading of First Trust SkyBridge Crypto Industry and Digital Economy ETF

A number of institutional investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 8.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 58,961 shares of the company’s stock valued at $721,000 after acquiring an additional 4,734 shares during the period. Advisor OS LLC lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 4.9% during the 1st quarter. Advisor OS LLC now owns 19,032 shares of the company’s stock valued at $233,000 after acquiring an additional 890 shares during the period. Gradient Investments LLC lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 14.7% during the 2nd quarter. Gradient Investments LLC now owns 1,269,793 shares of the company’s stock valued at $29,472,000 after acquiring an additional 163,089 shares during the period. Cetera Investment Advisers lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 188,764 shares of the company’s stock valued at $2,309,000 after acquiring an additional 13,756 shares during the period. Finally, HBW Advisory Services LLC lifted its stake in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 11.2% during the 2nd quarter. HBW Advisory Services LLC now owns 29,679 shares of the company’s stock valued at $689,000 after acquiring an additional 2,989 shares during the period.

About First Trust SkyBridge Crypto Industry and Digital Economy ETF

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.