Short Interest in First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Declines By 60.0%

First Trust SMID Capital Strength ETF (NASDAQ:FSCSGet Free Report) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 60.0% from the February 28th total of 17,000 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the shares of the company are short sold.

First Trust SMID Capital Strength ETF Stock Up 0.4 %

Shares of NASDAQ:FSCS opened at $34.99 on Thursday. The firm has a market capitalization of $24.49 million, a PE ratio of 16.31 and a beta of 1.16. The company has a 50-day moving average price of $35.61 and a two-hundred day moving average price of $35.85. First Trust SMID Capital Strength ETF has a twelve month low of $31.36 and a twelve month high of $38.61.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Pinnacle Bancorp Inc. bought a new position in shares of First Trust SMID Capital Strength ETF in the fourth quarter worth $31,000. Allworth Financial LP purchased a new position in shares of First Trust SMID Capital Strength ETF during the 4th quarter valued at $32,000. Global Retirement Partners LLC bought a new position in shares of First Trust SMID Capital Strength ETF in the fourth quarter worth $35,000. Geneos Wealth Management Inc. purchased a new stake in shares of First Trust SMID Capital Strength ETF in the fourth quarter worth $39,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in First Trust SMID Capital Strength ETF during the fourth quarter valued at $58,000.

About First Trust SMID Capital Strength ETF

(Get Free Report)

The First Trust SMID Capital Strength ETF (FSCS) is an exchange-traded fund that is based on the The SMID Capital Strength index. The fund tracks an equal-weighted index of 100 well-capitalized small- and mid-cap US companies perceived to hold strong market positions. FSCS was launched on Jun 20, 2017 and is issued by First Trust.

Read More

Receive News & Ratings for First Trust SMID Capital Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust SMID Capital Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.