Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Decreases By 14.6%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 11,700 shares, a decline of 14.6% from the December 15th total of 13,700 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is currently 0.4 days.

First Trust International Developed Capital Strength ETF Stock Performance

Shares of FICS opened at $34.22 on Friday. The company has a market capitalization of $162.55 million, a PE ratio of 17.06 and a beta of 0.84. The company’s 50 day moving average price is $34.70 and its 200 day moving average price is $35.48. First Trust International Developed Capital Strength ETF has a 52 week low of $33.06 and a 52 week high of $37.93.

First Trust International Developed Capital Strength ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.188 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust International Developed Capital Strength ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC increased its position in First Trust International Developed Capital Strength ETF by 614.7% in the 3rd quarter. CWM LLC now owns 178,414 shares of the company’s stock worth $6,687,000 after purchasing an additional 153,452 shares during the last quarter. Raymond James & Associates grew its stake in shares of First Trust International Developed Capital Strength ETF by 430.3% in the 3rd quarter. Raymond James & Associates now owns 81,647 shares of the company’s stock valued at $3,060,000 after buying an additional 66,251 shares in the last quarter. Jane Street Group LLC acquired a new position in First Trust International Developed Capital Strength ETF in the third quarter worth approximately $1,825,000. Cedrus LLC bought a new position in First Trust International Developed Capital Strength ETF during the third quarter valued at approximately $1,030,000. Finally, Key Financial Inc lifted its stake in First Trust International Developed Capital Strength ETF by 19.1% in the third quarter. Key Financial Inc now owns 156,166 shares of the company’s stock valued at $5,853,000 after acquiring an additional 25,069 shares during the last quarter.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).