First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Sees Significant Growth in Short Interest

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 8,894 shares, a growth of 75.3% from the August 15th total of 5,075 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 21,756 shares, the short-interest ratio is currently 0.4 days.

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

Hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth about $470,000. Kraematon Investment Advisors Inc. grew its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 68.0% in the second quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock valued at $1,776,000 after buying an additional 14,437 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at about $59,000. Tucker Asset Management LLC acquired a new stake in shares of First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at about $53,000. Finally, Carlson Financial Inc. purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the 2nd quarter valued at about $206,000.

First Trust Emerging Markets Human Flourishing ETF Stock Up 1.3%

Shares of FTHF opened at $49.24 on Friday. The company has a 50-day simple moving average of $46.74 and a 200-day simple moving average of $44.94. The company has a market capitalization of $147.67 million, a PE ratio of 11.94 and a beta of 0.99. First Trust Emerging Markets Human Flourishing ETF has a 52-week low of $29.04 and a 52-week 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.