First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Short Interest Update

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decrease of 60.0% from the February 28th total of 17,000 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is currently 1.3 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Trading of First Trust SMID Capital Strength ETF

Several institutional investors and hedge funds have recently modified their holdings of FSCS. Mpwm Advisory Solutions LLC bought a new position in First Trust SMID Capital Strength ETF during the 4th quarter valued at $58,000. Aptus Capital Advisors LLC bought a new position in shares of First Trust SMID Capital Strength ETF during the fourth quarter valued at about $96,000. Concourse Financial Group Securities Inc. purchased a new position in First Trust SMID Capital Strength ETF during the fourth quarter worth about $170,000. NewEdge Advisors LLC bought a new stake in First Trust SMID Capital Strength ETF in the 4th quarter worth about $623,000. Finally, Envestnet Asset Management Inc. purchased a new stake in First Trust SMID Capital Strength ETF in the 4th quarter valued at about $267,000.

First Trust SMID Capital Strength ETF Price Performance

Shares of NASDAQ FSCS opened at $34.99 on Thursday. First Trust SMID Capital Strength ETF has a 1 year low of $31.36 and a 1 year high of $38.61. The stock has a market capitalization of $24.49 million, a P/E ratio of 16.31 and a beta of 1.16. The company has a 50-day moving average price of $35.61 and a 200-day moving average price of $35.85.

First Trust SMID Capital Strength ETF Company Profile

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.