First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Sees Large Drop in Short Interest

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 286 shares, a drop of 98.0% from the June 30th total of 14,162 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 13,701 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Emerging Markets Human Flourishing ETF Trading Down 3.1%

FTHF stock traded down $1.40 during midday trading on Friday, reaching $43.78. 13,225 shares of the company’s stock traded hands, compared to its average volume of 16,059. First Trust Emerging Markets Human Flourishing ETF has a 52-week low of $26.23 and a 52-week high of $53.33. The stock has a market cap of $118.21 million, a P/E ratio of 11.94 and a beta of 0.92. The stock’s 50-day moving average is $47.73 and its 200 day moving average is $42.50.

Institutional Investors Weigh In On First Trust Emerging Markets Human Flourishing ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC bought a new position in First Trust Emerging Markets Human Flourishing ETF in the 4th quarter worth $244,000. Cetera Investment Advisers bought a new stake in First Trust Emerging Markets Human Flourishing ETF during the fourth quarter valued at about $345,000. Western Wealth Management LLC bought a new stake in First Trust Emerging Markets Human Flourishing ETF during the first quarter valued at about $470,000. Jane Street Group LLC purchased a new stake in First Trust Emerging Markets Human Flourishing ETF in the fourth quarter worth about $769,000. Finally, Susquehanna International Group LLP increased its position in First Trust Emerging Markets Human Flourishing ETF by 37.8% in the third quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock worth $994,000 after buying an additional 9,247 shares in the last quarter.

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.