Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Drops By 93.1%

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,162 shares, a drop of 93.1% from the May 31st total of 31,514 shares. Based on an average daily volume of 8,666 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of First Trust Emerging Markets Human Flourishing ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FTHF. Susquehanna International Group LLP raised its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% in the 3rd quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock valued at $994,000 after acquiring an additional 9,247 shares during the period. Treasure Coast Financial Planning increased its holdings in First Trust Emerging Markets Human Flourishing ETF by 17.2% during the 4th quarter. Treasure Coast Financial Planning now owns 49,582 shares of the company’s stock worth $1,643,000 after purchasing an additional 7,259 shares during the period. MGO One Seven LLC acquired a new stake in First Trust Emerging Markets Human Flourishing ETF in the fourth quarter valued at approximately $2,291,000. LPL Financial LLC purchased a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter worth $244,000. Finally, Jane Street Group LLC acquired a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter worth about $769,000.

First Trust Emerging Markets Human Flourishing ETF Price Performance

First Trust Emerging Markets Human Flourishing ETF stock traded up $1.28 during trading on Thursday, reaching $50.20. 4,030 shares of the company were exchanged, compared to its average volume of 16,540. The stock’s 50 day simple moving average is $46.78 and its two-hundred day simple moving average is $40.44. The company has a market capitalization of $125.50 million, a P/E ratio of 11.94 and a beta of 0.92. First Trust Emerging Markets Human Flourishing ETF has a 52-week low of $26.23 and a 52-week high of $53.33.

First Trust Emerging Markets Human Flourishing ETF Company Profile

The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.