First Trust Capital Strength ETF (NASDAQ:FTCS) Short Interest Down 53.4% in February

First Trust Capital Strength ETF (NASDAQ:FTCS) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 15,300 shares, a drop of 53.4% from the January 31st total of 32,800 shares. Based on an average daily volume of 283,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FTCS. First Trust Direct Indexing L.P. boosted its holdings in shares of First Trust Capital Strength ETF by 19.0% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 9,582 shares of the company’s stock worth $870,000 after purchasing an additional 1,531 shares in the last quarter. SteelPeak Wealth LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $203,000. US Bancorp DE boosted its stake in First Trust Capital Strength ETF by 8.8% in the third quarter. US Bancorp DE now owns 10,119 shares of the company’s stock worth $919,000 after buying an additional 822 shares in the last quarter. Stephens Inc. AR grew its position in First Trust Capital Strength ETF by 0.8% during the third quarter. Stephens Inc. AR now owns 72,532 shares of the company’s stock valued at $6,586,000 after acquiring an additional 540 shares during the last quarter. Finally, Principal Securities Inc. raised its stake in shares of First Trust Capital Strength ETF by 1.9% during the third quarter. Principal Securities Inc. now owns 45,042 shares of the company’s stock worth $4,090,000 after acquiring an additional 822 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock traded up $1.12 during mid-day trading on Friday, hitting $91.34. 309,692 shares of the company traded hands, compared to its average volume of 305,441. First Trust Capital Strength ETF has a one year low of $81.16 and a one year high of $94.23. The stock has a market cap of $8.99 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86. The stock has a fifty day moving average price of $89.22 and a 200-day moving average price of $90.18.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.4043 per share. The ex-dividend date was Friday, December 13th.

About First Trust Capital Strength ETF

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).