First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Short Interest Update

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

First Trust SMID Growth Strength ETF Price Performance

First Trust SMID Growth Strength ETF stock traded down $0.41 during mid-day trading on Tuesday, hitting $33.35. 2,131 shares of the company’s stock traded hands, compared to its average volume of 2,022. The firm has a 50 day simple moving average of $32.70 and a two-hundred day simple moving average of $31.23. First Trust SMID Growth Strength ETF has a fifty-two week low of $28.35 and a fifty-two week high of $34.15. The stock has a market cap of $31.68 million, a price-to-earnings ratio of 18.32 and a beta of 0.96.

First Trust SMID Growth Strength ETF Dividend Announcement

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

Institutional Trading of First Trust SMID Growth Strength ETF

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

About First Trust SMID Growth Strength ETF

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.