Short Interest in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Increases By 95.3%

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 869 shares, a growth of 95.3% from the May 31st total of 445 shares. Based on an average daily volume of 3,514 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of First Trust S-Network Future Vehicles & Technology ETF

Institutional investors have recently modified their holdings of the business. Horizon Wealth Management LLC bought a new stake in First Trust S-Network Future Vehicles & Technology ETF during the fourth quarter valued at $4,209,000. Flow Traders U.S. LLC lifted its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 23.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 42,060 shares of the exchange traded fund’s stock worth $3,057,000 after acquiring an additional 7,929 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the fourth quarter valued at about $2,277,000. Forty three Eighteen Advisors LLC grew its position in First Trust S-Network Future Vehicles & Technology ETF by 3.0% during the 1st quarter. Forty three Eighteen Advisors LLC now owns 21,916 shares of the exchange traded fund’s stock worth $1,771,000 after acquiring an additional 628 shares during the last quarter. Finally, World Equity Group Inc. purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the first quarter worth $1,005,000.

First Trust S-Network Future Vehicles & Technology ETF Trading Down 4.3%

Shares of First Trust S-Network Future Vehicles & Technology ETF stock opened at $109.00 on Friday. First Trust S-Network Future Vehicles & Technology ETF has a 12 month low of $61.23 and a 12 month high of $123.17. The firm has a market capitalization of $49.05 million, a P/E ratio of 18.05 and a beta of 1.40. The business’s fifty day simple moving average is $112.47 and its 200 day simple moving average is $93.97.

First Trust S-Network Future Vehicles & Technology ETF Company Profile

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles. Securities are selected and weighted by market-cap. CARZ was launched on May 9, 2011 and is managed by First Trust.