Short Interest in First Trust Indxx Medical Devices ETF (BATS:MDEV) Rises By ?

First Trust Indxx Medical Devices ETF (BATS:MDEV) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 42 shares, an increase of ? from the April 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 542 shares, the short-interest ratio is presently 0.1 days.

First Trust Indxx Medical Devices ETF Stock Up 2.5%

First Trust Indxx Medical Devices ETF stock opened at $18.29 on Tuesday. The business’s 50-day simple moving average is $18.97 and its 200 day simple moving average is $20.25. The stock has a market cap of $1.83 million, a price-to-earnings ratio of 29.75 and a beta of 1.05. First Trust Indxx Medical Devices ETF has a 12-month low of $17.85 and a 12-month high of $21.82.

Hedge Funds Weigh In On First Trust Indxx Medical Devices ETF

An institutional investor recently raised its position in First Trust Indxx Medical Devices ETF stock. Jane Street Group LLC grew its stake in shares of First Trust Indxx Medical Devices ETF (BATS:MDEV) by 38.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,812 shares of the company’s stock after buying an additional 5,756 shares during the period. Jane Street Group LLC owned approximately 20.81% of First Trust Indxx Medical Devices ETF worth $428,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust Indxx Medical Devices ETF Company Profile

The First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is managed by First Trust.