First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Shares Shorted: Short Interest Down 57.4% in September

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,178 shares, a drop of 57.4% from the September 15th total of 5,109 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 7,464 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust International Developed Capital Strength ETF

A number of hedge funds have recently made changes to their positions in FICS. International Assets Investment Management LLC grew its stake in shares of First Trust International Developed Capital Strength ETF by 11.6% in the 1st quarter. International Assets Investment Management LLC now owns 6,577 shares of the company’s stock worth $260,000 after buying an additional 682 shares during the last quarter. Claris Financial LLC raised its position in First Trust International Developed Capital Strength ETF by 17.5% in the 1st quarter. Claris Financial LLC now owns 6,393 shares of the company’s stock worth $250,000 after buying an additional 953 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of First Trust International Developed Capital Strength ETF by 29.5% during the first quarter. Kestra Advisory Services LLC now owns 5,730 shares of the company’s stock valued at $224,000 after purchasing an additional 1,305 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in shares of First Trust International Developed Capital Strength ETF by 21.4% during the 1st quarter. Founders Financial Securities LLC now owns 10,715 shares of the company’s stock valued at $435,000 after buying an additional 1,886 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in First Trust International Developed Capital Strength ETF by 8.1% in the first quarter. NewEdge Advisors LLC now owns 33,684 shares of the company’s stock valued at $1,315,000 after acquiring an additional 2,532 shares during the period.

First Trust International Developed Capital Strength ETF Stock Up 0.7%

First Trust International Developed Capital Strength ETF stock traded up $0.29 during trading on Tuesday, hitting $40.16. The stock had a trading volume of 3,412 shares, compared to its average volume of 20,484. The stock has a market cap of $196.76 million, a price-to-earnings ratio of 19.87 and a beta of 0.70. First Trust International Developed Capital Strength ETF has a 1 year low of $37.65 and a 1 year high of $43.38. The stock’s 50 day moving average is $41.57 and its two-hundred day moving average is $41.17.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.1036 per share. This is a drop from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.4455. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.41 dividend on an annualized basis and a yield of 1.0%.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index). FICS was launched on Dec 15, 2020 and is managed by First Trust.