First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) Shares Shorted: Short Interest Up 205.9% in October

First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 2,548 shares, a growth of 205.9% from the September 30th total of 833 shares. Based on an average trading volume of 8,924 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Multi-Manager Small Cap Opportunities ETF Trading Up 0.0%

NYSEARCA:MMSC opened at $26.89 on Thursday. The firm has a market capitalization of $52.43 million, a PE ratio of 33.47 and a beta of 1.17. First Trust Multi-Manager Small Cap Opportunities ETF has a 1 year low of $22.18 and a 1 year high of $29.62. The firm’s fifty day simple moving average is $27.03 and its 200 day simple moving average is $26.73.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in First Trust Multi-Manager Small Cap Opportunities ETF stock. Arvest Investments Inc. acquired a new stake in First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,035 shares of the company’s stock, valued at approximately $54,000. Arvest Investments Inc. owned 0.10% of First Trust Multi-Manager Small Cap Opportunities ETF at the end of the most recent quarter.

About First Trust Multi-Manager Small Cap Opportunities ETF

The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks. MMSC was launched on Oct 13, 2021 and is managed by First Trust.