Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Grows By 80.3%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 5,075 shares, a growth of 80.3% from the July 30th total of 2,815 shares. Based on an average daily trading volume, of 9,590 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On First Trust Emerging Markets Human Flourishing ETF

Large investors have recently made changes to their positions in the stock. MGO One Seven LLC acquired a new stake in First Trust Emerging Markets Human Flourishing ETF in the 4th quarter valued at approximately $2,291,000. Kraematon Investment Advisors Inc. lifted its stake in First Trust Emerging Markets Human Flourishing ETF by 68.0% during the second quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock worth $1,776,000 after purchasing an additional 14,437 shares in the last quarter. Susquehanna International Group LLP lifted its stake in First Trust Emerging Markets Human Flourishing ETF by 37.8% during the third quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock worth $994,000 after purchasing an additional 9,247 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth $769,000. Finally, Cetera Investment Advisers boosted its position in shares of First Trust Emerging Markets Human Flourishing ETF by 22.9% during the first quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock worth $478,000 after buying an additional 2,385 shares during the period.

First Trust Emerging Markets Human Flourishing ETF Stock Up 1.7%

FTHF stock traded up $0.80 during mid-day trading on Monday, hitting $48.39. 132,444 shares of the company were exchanged, compared to its average volume of 15,733. The firm has a market capitalization of $130.65 million, a P/E ratio of 11.94 and a beta of 0.98. The business has a fifty day simple moving average of $46.41 and a 200-day simple moving average of $44.15. First Trust Emerging Markets Human Flourishing ETF has a 12-month low of $27.10 and a 12-month high of $53.33.

First Trust Emerging Markets Human Flourishing ETF Company Profile

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.