First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Short Interest Up 500.0% in February

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 600 shares, a growth of 500.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 0.9 days.

First Trust S-Network E-Commerce ETF Stock Down 1.3 %

Shares of ISHP traded down $0.48 during trading hours on Thursday, hitting $37.92. The company had a trading volume of 39 shares, compared to its average volume of 851. The firm has a market cap of $5.69 million, a P/E ratio of 22.90 and a beta of 0.99. The stock’s 50 day moving average price is $36.95 and its 200 day moving average price is $35.24. First Trust S-Network E-Commerce ETF has a 52-week low of $28.02 and a 52-week high of $39.84.

First Trust S-Network E-Commerce ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1913 per share. The ex-dividend date was Friday, December 13th.

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

A hedge fund recently raised its stake in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC lifted its position in First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) by 8.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,525 shares of the company’s stock after acquiring an additional 2,225 shares during the quarter. Jane Street Group LLC owned 19.68% of First Trust S-Network E-Commerce ETF worth $1,015,000 at the end of the most recent reporting period.

About First Trust S-Network E-Commerce ETF

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.