First Trust Natural Gas ETF (NYSEARCA:FCG) Stock Short Interest Report for September

First Trust Natural Gas ETF (NYSEARCA:FCG) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 131,888 shares, a decline of 70.0% from the September 15th total of 440,253 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 1,170,769 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On First Trust Natural Gas ETF

A number of institutional investors have recently made changes to their positions in FCG. Guardian Partners Inc. increased its stake in First Trust Natural Gas ETF by 451.8% in the 1st quarter. Guardian Partners Inc. now owns 511,001 shares of the company’s stock valued at $16,240,000 after buying an additional 418,401 shares during the period. Royal Bank of Canada lifted its stake in shares of First Trust Natural Gas ETF by 124.1% in the 1st quarter. Royal Bank of Canada now owns 462,206 shares of the company’s stock worth $14,646,000 after acquiring an additional 255,916 shares during the period. Lake Hills Wealth Management LLC lifted its stake in shares of First Trust Natural Gas ETF by 2.1% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 231,820 shares of the company’s stock worth $6,612,000 after acquiring an additional 4,683 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of First Trust Natural Gas ETF in the 2nd quarter worth $3,638,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of First Trust Natural Gas ETF by 841.5% in the first quarter. Renaissance Technologies LLC now owns 99,800 shares of the company’s stock valued at $3,163,000 after acquiring an additional 89,200 shares in the last quarter.

First Trust Natural Gas ETF Trading Up 1.4%

NYSEARCA FCG traded up $0.41 during trading hours on Monday, reaching $30.34. The company had a trading volume of 312,081 shares, compared to its average volume of 1,045,102. The stock has a 50-day moving average of $30.29 and a 200 day moving average of $29.52. First Trust Natural Gas ETF has a 1-year low of $21.76 and a 1-year high of $33.03. The stock has a market capitalization of $655.24 million, a P/E ratio of 10.55 and a beta of 0.59.

First Trust Natural Gas ETF Company Profile

First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.