Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Expands By 36.6%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 20,900 shares, an increase of 36.6% from the August 15th total of 15,300 shares. Based on an average daily trading volume, of 32,800 shares, the short-interest ratio is currently 0.6 days.

First Trust International Developed Capital Strength ETF Stock Performance

NASDAQ FICS traded up $0.27 during trading on Monday, reaching $37.09. 8,882 shares of the company’s stock were exchanged, compared to its average volume of 27,306. The company has a 50 day moving average price of $35.43 and a two-hundred day moving average price of $34.89. The stock has a market cap of $150.21 million, a P/E ratio of 17.06 and a beta of 0.84. First Trust International Developed Capital Strength ETF has a 1 year low of $28.86 and a 1 year high of $37.10.

First Trust International Developed Capital Strength ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.3357 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.34 annualized dividend and a dividend yield of 3.62%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FICS. Raymond James Financial Services Advisors Inc. raised its holdings in First Trust International Developed Capital Strength ETF by 26.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 407,032 shares of the company’s stock valued at $13,920,000 after acquiring an additional 85,999 shares during the last quarter. Key Financial Inc boosted its stake in shares of First Trust International Developed Capital Strength ETF by 10.9% during the 2nd quarter. Key Financial Inc now owns 131,097 shares of the company’s stock valued at $4,484,000 after buying an additional 12,864 shares during the last quarter. Cetera Investment Advisers grew its holdings in First Trust International Developed Capital Strength ETF by 4.4% during the 2nd quarter. Cetera Investment Advisers now owns 130,633 shares of the company’s stock worth $4,468,000 after acquiring an additional 5,546 shares in the last quarter. Avantax Advisory Services Inc. increased its position in shares of First Trust International Developed Capital Strength ETF by 6.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 128,961 shares of the company’s stock worth $4,512,000 after purchasing an additional 7,452 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of First Trust International Developed Capital Strength ETF by 1.7% in the 1st quarter. Private Advisor Group LLC now owns 113,786 shares of the company’s stock valued at $3,981,000 after purchasing an additional 1,859 shares in the last quarter.

First Trust International Developed Capital Strength ETF Company Profile

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).