First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Update

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 54,472 shares, a growth of 553.5% from the December 31st total of 8,335 shares. Based on an average daily trading volume, of 43,289 shares, the short-interest ratio is presently 1.3 days. Currently, 1.0% of the shares of the company are sold short. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 43,289 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust International Developed Capital Strength ETF during the third quarter worth $50,000. NBC Securities Inc. raised its stake in shares of First Trust International Developed Capital Strength ETF by 41.6% during the 4th quarter. NBC Securities Inc. now owns 1,643 shares of the company’s stock worth $66,000 after buying an additional 483 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of First Trust International Developed Capital Strength ETF during the 2nd quarter worth $114,000. JPMorgan Chase & Co. boosted its position in shares of First Trust International Developed Capital Strength ETF by 221.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,490 shares of the company’s stock worth $216,000 after buying an additional 3,781 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of First Trust International Developed Capital Strength ETF by 14.2% in the 2nd quarter. International Assets Investment Management LLC now owns 6,812 shares of the company’s stock worth $268,000 after buying an additional 847 shares in the last quarter.

First Trust International Developed Capital Strength ETF Price Performance

Shares of NASDAQ:FICS traded up $0.38 during trading on Thursday, reaching $40.90. The company had a trading volume of 11,995 shares, compared to its average volume of 43,539. First Trust International Developed Capital Strength ETF has a fifty-two week low of $32.79 and a fifty-two week high of $41.03. The stock’s fifty day moving average price is $39.75 and its 200 day moving average price is $39.02. The firm has a market capitalization of $229.04 million, a price-to-earnings ratio of 19.87 and a beta of 0.75.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.0336 dividend. This represents a $0.13 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, December 12th.

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.