First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Short Interest Up 10.0% in August

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,100 shares, an increase of 10.0% from the August 15th total of 1,000 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 5.5 days.

First Trust S-Network E-Commerce ETF Stock Performance

NASDAQ:ISHP traded up $0.06 during midday trading on Wednesday, reaching $32.01. 30 shares of the stock traded hands, compared to its average volume of 301. The stock has a market capitalization of $4.80 million, a PE ratio of 15.71 and a beta of 0.99. First Trust S-Network E-Commerce ETF has a 12-month low of $23.30 and a 12-month high of $32.45. The business has a 50-day moving average of $30.49 and a two-hundred day moving average of $30.11.

First Trust S-Network E-Commerce ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.1422 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.57 annualized dividend and a dividend yield of 1.78%.

First Trust S-Network E-Commerce ETF Company Profile

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.