First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 71.4% in March

First Trust Capital Strength ETF (NASDAQ:FTCS) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 20,700 shares, a decline of 71.4% from the February 28th total of 72,400 shares. Based on an average daily volume of 290,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

First Trust Capital Strength ETF Trading Down 0.9 %

Shares of NASDAQ:FTCS traded down $0.84 during trading on Friday, reaching $88.61. 585,206 shares of the stock were exchanged, compared to its average volume of 285,370. The firm has a market cap of $8.72 billion, a PE ratio of 23.46 and a beta of 0.86. The stock has a 50-day moving average price of $89.69 and a 200-day moving average price of $90.18. First Trust Capital Strength ETF has a 12 month low of $81.16 and a 12 month high of $94.23.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.2159 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.86 dividend on an annualized basis and a yield of 0.97%.

Institutional Trading of First Trust Capital Strength ETF

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its holdings in First Trust Capital Strength ETF by 4.7% in the 4th quarter. GAMMA Investing LLC now owns 9,317 shares of the company’s stock valued at $818,000 after buying an additional 419 shares during the period. Fisher Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF in the 3rd quarter valued at $249,000. Blue Trust Inc. boosted its holdings in shares of First Trust Capital Strength ETF by 2,593.6% during the 4th quarter. Blue Trust Inc. now owns 2,101 shares of the company’s stock valued at $185,000 after acquiring an additional 2,023 shares in the last quarter. US Bancorp DE boosted its holdings in shares of First Trust Capital Strength ETF by 7.5% during the 4th quarter. US Bancorp DE now owns 10,880 shares of the company’s stock valued at $955,000 after acquiring an additional 761 shares in the last quarter. Finally, Townsquare Capital LLC grew its position in First Trust Capital Strength ETF by 24.6% during the 3rd quarter. Townsquare Capital LLC now owns 3,955 shares of the company’s stock worth $359,000 after acquiring an additional 781 shares during the last quarter.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).