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

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 358 shares, a decline of 95.1% from the June 30th total of 7,277 shares. Based on an average trading volume of 632 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

First Trust SMID Growth Strength ETF Price Performance

Shares of FSGS traded up $0.26 during midday trading on Friday, hitting $31.64. The stock had a trading volume of 70 shares, compared to its average volume of 2,200. The stock’s 50 day moving average is $31.37 and its 200 day moving average is $30.84. The firm has a market cap of $30.05 million, a PE ratio of 18.32 and a beta of 0.96. First Trust SMID Growth Strength ETF has a 1 year low of $28.35 and a 1 year high of $32.47.

First Trust SMID Growth Strength ETF Announces Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%.

Institutional Investors Weigh In On First Trust SMID Growth Strength ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new stake in First Trust SMID Growth Strength ETF in the fourth quarter worth about $73,000. Osaic Holdings Inc. purchased a new position in First Trust SMID Growth Strength ETF during the 2nd quarter valued at about $168,000. Western Wealth Management LLC increased its position in First Trust SMID Growth Strength ETF by 8.3% during the 4th 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 period. Citadel Advisors LLC increased its position in First Trust SMID Growth Strength ETF by 7.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock valued at $1,103,000 after purchasing an additional 2,361 shares during the period. Finally, Susquehanna International Group LLP raised its holdings in shares of 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 purchasing an additional 15,668 shares in 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.