First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Stock Short Interest Report for October

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,098 shares, a decline of 68.0% from the September 30th total of 3,427 shares. Based on an average daily trading volume, of 29,548 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. MGO One Seven LLC grew its holdings in shares of First Trust Active Factor Small Cap ETF by 19.5% in the third quarter. MGO One Seven LLC now owns 95,667 shares of the company’s stock worth $3,749,000 after acquiring an additional 15,580 shares during the period. Sigma Planning Corp bought a new position in shares of First Trust Active Factor Small Cap ETF in the third quarter worth about $204,000. James J. Burns & Company LLC increased its stake in shares of First Trust Active Factor Small Cap ETF by 1.3% in the third quarter. James J. Burns & Company LLC now owns 564,852 shares of the company’s stock worth $22,137,000 after purchasing an additional 7,349 shares in the last quarter. Wedbush Securities Inc. bought a new position in shares of First Trust Active Factor Small Cap ETF in the third quarter worth about $274,000. Finally, World Equity Group Inc. raised its position in shares of First Trust Active Factor Small Cap ETF by 5.6% during the second quarter. World Equity Group Inc. now owns 10,873 shares of the company’s stock valued at $447,000 after buying an additional 581 shares during the last quarter.

First Trust Active Factor Small Cap ETF Price Performance

First Trust Active Factor Small Cap ETF stock traded down $0.81 during mid-day trading on Friday, reaching $39.45. 14,718 shares of the company traded hands, compared to its average volume of 17,740. First Trust Active Factor Small Cap ETF has a 52-week low of $30.74 and a 52-week high of $41.63. The firm has a market capitalization of $132.14 million, a price-to-earnings ratio of 13.11 and a beta of 1.04. The firm’s 50 day moving average price is $39.89 and its 200 day moving average price is $37.59.

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.