First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) Short Interest Update

First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 55 shares, a growth of 1,000.0% from the May 31st total of 5 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 109 shares, the short-interest ratio is presently 0.5 days.

First Trust S-Network E-Commerce ETF Stock Performance

Shares of NASDAQ ISHP opened at $32.98 on Friday. The firm’s 50 day moving average price is $34.41 and its 200-day moving average price is $36.01. The company has a market cap of $4.95 million, a PE ratio of 19.19 and a beta of 1.01. First Trust S-Network E-Commerce ETF has a 52-week low of $32.05 and a 52-week high of $42.95.

First Trust S-Network E-Commerce ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a $0.0712 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, June 25th.

Institutional Investors Weigh In On First Trust S-Network E-Commerce ETF

An institutional investor recently raised its stake in First Trust S-Network E-Commerce ETF stock. Jane Street Group LLC raised its stake in shares of First Trust S-Network E-Commerce ETF (NASDAQ:ISHP) by 49.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,419 shares of the company’s stock after acquiring an additional 10,706 shares during the period. Jane Street Group LLC owned approximately 21.61% of First Trust S-Network E-Commerce ETF worth $1,269,000 as of its most recent SEC filing.

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.