First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Update

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 100 shares, a decline of 88.1% from the April 15th total of 840 shares. Based on an average daily volume of 1,488 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of First Trust SMID Growth Strength ETF

A number of hedge funds have recently bought and sold shares of FSGS. Osaic Holdings Inc. acquired a new stake in shares of First Trust SMID Growth Strength ETF during the second quarter worth $168,000. Citadel Advisors LLC boosted its stake in First Trust SMID Growth Strength ETF by 7.2% in the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after buying an additional 2,361 shares during the last quarter. Susquehanna International Group LLP grew its holdings in First Trust SMID Growth Strength ETF by 59.5% in the 3rd quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock valued at $1,312,000 after buying an additional 15,668 shares during the period. Western Wealth Management LLC increased its stake in shares of First Trust SMID Growth Strength ETF by 8.3% during the 4th quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock valued at $230,000 after acquiring an additional 577 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of First Trust SMID Growth Strength ETF during the 4th quarter worth about $73,000.

First Trust SMID Growth Strength ETF Trading Down 0.4%

Shares of First Trust SMID Growth Strength ETF stock traded down $0.12 during mid-day trading on Tuesday, hitting $30.63. 978 shares of the stock were exchanged, compared to its average volume of 1,920. The stock has a market capitalization of $29.10 million, a price-to-earnings ratio of 18.32 and a beta of 0.97. First Trust SMID Growth Strength ETF has a twelve month low of $28.35 and a twelve month high of $32.08. The company has a 50-day simple moving average of $30.17 and a 200 day simple moving average of $30.59.

About First Trust SMID Growth Strength ETF

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.