First Trust Capital Strength ETF (NASDAQ:FTCS) Sees Significant Growth in Short Interest – MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
First Trust Capital Strength ETF (NASDAQ:FTCSGet Rating) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 125,100 shares, a growth of 100.2% from the June 30th total of 62,500 shares. Based on an average daily volume of 390,500 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of First Trust Capital Strength ETF

A number of large investors have recently added to or reduced their stakes in FTCS. Atria Wealth Solutions Inc. acquired a new stake in First Trust Capital Strength ETF in the first quarter valued at $33,368,000. LPL Financial LLC lifted its stake in First Trust Capital Strength ETF by 5.7% in the fourth quarter. LPL Financial LLC now owns 7,228,930 shares of the company’s stock valued at $611,206,000 after acquiring an additional 390,111 shares during the last quarter. SILVER OAK SECURITIES Inc acquired a new stake in First Trust Capital Strength ETF in the first quarter valued at $21,129,000. PCG Wealth Advisors LLC acquired a new stake in First Trust Capital Strength ETF in the fourth quarter valued at $20,366,000. Finally, BKA Wealth Consulting Inc. acquired a new stake in First Trust Capital Strength ETF in the first quarter valued at $13,343,000.

First Trust Capital Strength ETF Stock Performance

FTCS traded up $0.20 during trading hours on Friday, hitting $73.50. 4,680 shares of the company’s stock were exchanged, compared to its average volume of 449,960. First Trust Capital Strength ETF has a 1-year low of $66.86 and a 1-year high of $85.07. The stock’s 50-day moving average is $70.98 and its two-hundred day moving average is $74.68.

First Trust Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 27th were paid a $0.179 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Friday, June 24th.

About First Trust Capital Strength ETF

(Get Rating)
First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider First Trust Capital Strength ETF, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and First Trust Capital Strength ETF wasn’t on the list.
While First Trust Capital Strength ETF currently has a “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Today Kate chats with Clark Kendall, CEO of Kendall Capital. Clark offers some practical steps to allocate your money, as well as invest for tax advantages.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

source

Leave a Comment