First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Short Interest Down 86.3% in June

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 14 shares, a decline of 86.3% from the May 31st total of 102 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 536 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in First Trust S&P 500 Economic Moat ETF in the fourth quarter worth $335,000. Citadel Advisors LLC bought a new position in First Trust S&P 500 Economic Moat ETF during the third quarter worth about $398,000. Tower Research Capital LLC TRC lifted its holdings in shares of First Trust S&P 500 Economic Moat ETF by 112.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 36,673 shares of the company’s stock worth $873,000 after acquiring an additional 19,445 shares during the period. Finally, Signal Advisors Wealth LLC boosted its position in First Trust S&P 500 Economic Moat ETF by 1.0% in the fourth quarter. Signal Advisors Wealth LLC now owns 67,592 shares of the company’s stock valued at $1,609,000 after buying an additional 694 shares in the last quarter.

First Trust S&P 500 Economic Moat ETF Trading Up 0.8%

NYSEARCA:EMOT traded up $0.21 during mid-day trading on Friday, hitting $26.31. 214 shares of the company’s stock traded hands, compared to its average volume of 1,531. The firm has a 50 day moving average of $25.54 and a two-hundred day moving average of $24.75. The firm has a market capitalization of $2.63 million, a price-to-earnings ratio of 24.64 and a beta of 0.82. First Trust S&P 500 Economic Moat ETF has a 12 month low of $22.69 and a 12 month high of $26.69.

First Trust S&P 500 Economic Moat ETF Company Profile

The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.