First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Short Interest Update

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 7,574 shares, an increase of 13.7% from the March 31st total of 6,659 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 14,121 shares, the short-interest ratio is presently 0.5 days.

First Trust Active Factor Small Cap ETF Stock Up 2.1%

Shares of First Trust Active Factor Small Cap ETF stock opened at $36.90 on Friday. The stock has a market capitalization of $90.41 million, a price-to-earnings ratio of 13.11 and a beta of 1.02. First Trust Active Factor Small Cap ETF has a twelve month low of $27.63 and a twelve month high of $36.93. The company has a 50-day simple moving average of $34.25 and a two-hundred day simple moving average of $33.63.

Institutional Trading of First Trust Active Factor Small Cap ETF

Several large investors have recently made changes to their positions in AFSM. James J. Burns & Company LLC acquired a new stake in shares of First Trust Active Factor Small Cap ETF in the 4th quarter valued at approximately $17,289,000. CWM LLC increased its position in First Trust Active Factor Small Cap ETF by 114.5% during the 4th quarter. CWM LLC now owns 336,481 shares of the company’s stock worth $11,064,000 after purchasing an additional 179,627 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in First Trust Active Factor Small Cap ETF by 258.3% in the 4th quarter. JPMorgan Chase & Co. now owns 106,115 shares of the company’s stock valued at $3,489,000 after purchasing an additional 76,498 shares during the last quarter. Rockport Wealth LLC bought a new position in First Trust Active Factor Small Cap ETF in the 3rd quarter valued at approximately $2,095,000. Finally, MGO One Seven LLC boosted its position in First Trust Active Factor Small Cap ETF by 555.2% in the fourth quarter. MGO One Seven LLC now owns 70,566 shares of the company’s stock valued at $2,320,000 after buying an additional 59,796 shares in the last quarter.

About First Trust Active Factor Small Cap ETF

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.