First Trust Water ETF (NYSEARCA:FIW) Short Interest Update

First Trust Water ETF (NYSEARCA:FIW) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 26,118 shares, an increase of 101.1% from the May 31st total of 12,985 shares. Based on an average trading volume of 63,747 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

First Trust Water ETF Stock Performance

FIW stock traded up $1.13 during trading on Tuesday, reaching $109.52. The company had a trading volume of 39,904 shares, compared to its average volume of 58,571. First Trust Water ETF has a twelve month low of $98.52 and a twelve month high of $116.30. The firm has a 50-day simple moving average of $105.16 and a 200-day simple moving average of $108.30. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01.

Institutional Trading of First Trust Water ETF

Large investors have recently made changes to their positions in the business. Signature Estate & Investment Advisors LLC raised its position in First Trust Water ETF by 0.9% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 9,924 shares of the company’s stock valued at $1,078,000 after purchasing an additional 92 shares during the period. O Shaughnessy Asset Management LLC lifted its position in shares of First Trust Water ETF by 64.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock worth $27,000 after purchasing an additional 98 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in First Trust Water ETF by 4.2% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 2,646 shares of the company’s stock worth $273,000 after buying an additional 106 shares in the last quarter. IFP Advisors Inc boosted its holdings in First Trust Water ETF by 17.7% in the fourth quarter. IFP Advisors Inc now owns 731 shares of the company’s stock valued at $79,000 after purchasing an additional 110 shares during the period. Finally, Cibc World Market Inc. boosted its stake in shares of First Trust Water ETF by 0.8% in the 4th quarter. Cibc World Market Inc. now owns 14,936 shares of the company’s stock valued at $1,623,000 after buying an additional 113 shares during the period.

About First Trust Water ETF

First Trust ISE Water Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE Water Index (the Index). The Index is a modified market capitalization-weighted index consisting of 36 stocks that derive a substantial portion of their revenues from the potable and wastewater industries. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.