First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Shares Shorted: Short Interest Up 228.8% in September

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 29,244 shares, an increase of 228.8% from the August 31st total of 8,894 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 39,709 shares, the days-to-cover ratio is currently 0.7 days.

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

Several hedge funds have recently modified their holdings of FTHF. Kraematon Investment Advisors Inc. increased its stake in shares of First Trust Emerging Markets Human Flourishing ETF by 68.0% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 35,670 shares of the company’s stock valued at $1,776,000 after purchasing an additional 14,437 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in First Trust Emerging Markets Human Flourishing ETF by 93.1% during the second quarter. Envestnet Asset Management Inc. now owns 20,783 shares of the company’s stock worth $1,035,000 after purchasing an additional 10,018 shares in the last quarter. Cetera Investment Advisers boosted its position in First Trust Emerging Markets Human Flourishing ETF by 22.9% during the first quarter. Cetera Investment Advisers now owns 12,809 shares of the company’s stock worth $478,000 after purchasing an additional 2,385 shares in the last quarter. Western Wealth Management LLC acquired a new stake in First Trust Emerging Markets Human Flourishing ETF in the first quarter valued at approximately $470,000. Finally, Carlson Financial Inc. acquired a new stake in First Trust Emerging Markets Human Flourishing ETF in the second quarter valued at approximately $206,000.

First Trust Emerging Markets Human Flourishing ETF Stock Performance

Shares of FTHF traded up $0.78 during trading hours on Friday, hitting $50.07. The stock had a trading volume of 8,433 shares, compared to its average volume of 16,848. The firm has a 50-day moving average price of $47.30 and a 200 day moving average price of $45.37. First Trust Emerging Markets Human Flourishing ETF has a fifty-two week low of $29.16 and a fifty-two week high of $53.33. The firm has a market capitalization of $147.71 million, a price-to-earnings ratio of 11.94 and a beta of 0.99.

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.