First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Up 68.9% in August

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 152 shares, a growth of 68.9% from the July 30th total of 90 shares. Based on an average daily volume of 1,716 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

First Trust SMID Growth Strength ETF Stock Down 0.6%

Shares of First Trust SMID Growth Strength ETF stock traded down $0.20 during midday trading on Monday, hitting $33.76. The company’s stock had a trading volume of 916 shares, compared to its average volume of 2,021. First Trust SMID Growth Strength ETF has a 1-year low of $28.35 and a 1-year high of $34.15. The firm has a market capitalization of $32.07 million, a P/E ratio of 18.32 and a beta of 0.96. The stock has a 50-day simple moving average of $32.65 and a 200-day simple moving average of $31.21.

First Trust SMID Growth Strength ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0102 per share. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Investors Weigh In On First Trust SMID Growth Strength ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC grew its position in First Trust SMID Growth Strength ETF by 8.3% in the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock worth $230,000 after acquiring an additional 577 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of First Trust SMID Growth Strength ETF by 7.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after purchasing an additional 2,361 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of First Trust SMID Growth Strength ETF in the 4th quarter valued at $73,000. Osaic Holdings Inc. bought a new stake in First Trust SMID Growth Strength ETF in the second quarter worth $168,000. Finally, Susquehanna International Group LLP boosted its holdings in First Trust SMID Growth Strength ETF by 59.5% in the third quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock worth $1,312,000 after purchasing an additional 15,668 shares in the last quarter.

First Trust SMID Growth Strength ETF Company Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.