First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) Stock Short Interest Report for October

First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 17,578 shares, a growth of 210.0% from the September 30th total of 5,670 shares. Based on an average daily trading volume, of 4,551 shares, the days-to-cover ratio is currently 3.9 days. Currently, 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust New Constructs Core Earnings Leaders ETF

A hedge fund recently raised its position in First Trust New Constructs Core Earnings Leaders ETF stock. Luken Investment Analytics LLC raised its position in First Trust New Constructs Core Earnings Leaders ETF (NYSEARCA:FTCE) by 30.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 286,680 shares of the company’s stock after buying an additional 66,551 shares during the period. First Trust New Constructs Core Earnings Leaders ETF accounts for about 2.7% of Luken Investment Analytics LLC’s investment portfolio, making the stock its 16th biggest position. Luken Investment Analytics LLC owned 9.25% of First Trust New Constructs Core Earnings Leaders ETF worth $7,763,000 at the end of the most recent reporting period.

First Trust New Constructs Core Earnings Leaders ETF Stock Down 2.4%

Shares of FTCE traded down $0.68 during trading hours on Friday, reaching $27.43. The company’s stock had a trading volume of 1,387 shares, compared to its average volume of 11,681. First Trust New Constructs Core Earnings Leaders ETF has a 1-year low of $23.03 and a 1-year high of $28.55. The company has a 50 day moving average of $27.47 and a two-hundred day moving average of $26.33. The firm has a market cap of $83.65 million, a price-to-earnings ratio of 23.72 and a beta of 1.04.

First Trust New Constructs Core Earnings Leaders ETF Company Profile

The First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of companies with high earnings quality, as selected and measured using the Earnings Capture metric. The fund holds 100 securities, representing the top companies within each Bloomberg sector classification. FTCE was launched on Oct 2, 2024 and is issued by First Trust.