Short Interest in First Trust Indxx Medical Devices ETF (BATS:MDEV) Rises By ?

First Trust Indxx Medical Devices ETF (BATS:MDEV) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 42 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily trading volume, of 542 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

First Trust Indxx Medical Devices ETF Stock Performance

Shares of BATS:MDEV opened at $17.85 on Friday. First Trust Indxx Medical Devices ETF has a fifty-two week low of $17.85 and a fifty-two week high of $21.82. The business has a 50-day simple moving average of $19.00 and a two-hundred day simple moving average of $20.28. The firm has a market cap of $1.79 million, a price-to-earnings ratio of 29.75 and a beta of 1.05.

Hedge Funds Weigh In On First Trust Indxx Medical Devices ETF

An institutional investor recently raised its position in First Trust Indxx Medical Devices ETF stock. Jane Street Group LLC boosted its holdings in First Trust Indxx Medical Devices ETF (BATS:MDEV) by 24.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,956 shares of the company’s stock after buying an additional 5,682 shares during the quarter. Jane Street Group LLC owned 28.96% of First Trust Indxx Medical Devices ETF worth $607,000 at the end of the most recent quarter.

First Trust Indxx Medical Devices ETF Company Profile

The First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is managed by First Trust.