First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Short Interest Up 411.3% in May

First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 31,514 shares, a growth of 411.3% from the May 14th total of 6,164 shares. Based on an average daily volume of 9,416 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.3% of the company’s shares are sold short.

First Trust Emerging Markets Human Flourishing ETF Stock Up 0.7%

Shares of FTHF stock traded up $0.34 during mid-day trading on Friday, reaching $48.94. 3,332 shares of the stock traded hands, compared to its average volume of 16,741. The stock’s fifty day simple moving average is $44.58 and its two-hundred day simple moving average is $39.11. First Trust Emerging Markets Human Flourishing ETF has a 1-year low of $25.56 and a 1-year high of $50.86. The company has a market cap of $122.35 million, a price-to-earnings ratio of 11.94 and a beta of 0.92.

Hedge Funds Weigh In On First Trust Emerging Markets Human Flourishing ETF

A number of hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers raised its position in shares of 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 acquiring an additional 2,385 shares during the last quarter. Treasure Coast Financial Planning raised its position in shares of First Trust Emerging Markets Human Flourishing ETF by 17.2% during the fourth quarter. Treasure Coast Financial Planning now owns 49,582 shares of the company’s stock worth $1,643,000 after acquiring an additional 7,259 shares during the last quarter. LPL Financial LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the fourth quarter worth about $244,000. Susquehanna International Group LLP raised its position in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% during the third quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock worth $994,000 after acquiring an additional 9,247 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of First Trust Emerging Markets Human Flourishing ETF during the first quarter worth about $470,000.

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.