First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Short Interest Down 36.0% in December

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 8,015 shares, a decline of 36.0% from the November 30th total of 12,515 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 22,658 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 22,658 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust International Developed Capital Strength ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. purchased a new stake in First Trust International Developed Capital Strength ETF during the third quarter worth about $50,000. Moors & Cabot Inc. grew its holdings in shares of First Trust International Developed Capital Strength ETF by 4.1% in the third quarter. Moors & Cabot Inc. now owns 30,824 shares of the company’s stock valued at $1,176,000 after purchasing an additional 1,204 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of First Trust International Developed Capital Strength ETF in the third quarter valued at approximately $1,283,000. Comerica Bank increased its stake in First Trust International Developed Capital Strength ETF by 31.9% during the 3rd quarter. Comerica Bank now owns 11,613 shares of the company’s stock worth $443,000 after buying an additional 2,811 shares during the period. Finally, Private Advisor Group LLC increased its stake in First Trust International Developed Capital Strength ETF by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 35,145 shares of the company’s stock worth $1,341,000 after buying an additional 479 shares during the period.

First Trust International Developed Capital Strength ETF Price Performance

Shares of NASDAQ:FICS traded up $0.12 during midday trading on Tuesday, hitting $40.35. The company had a trading volume of 9,988 shares, compared to its average volume of 31,995. First Trust International Developed Capital Strength ETF has a twelve month low of $32.79 and a twelve month high of $40.38. The stock has a market cap of $229.97 million, a price-to-earnings ratio of 19.87 and a beta of 0.75. The business’s 50-day simple moving average is $39.02 and its 200-day simple moving average is $38.85.

First Trust International Developed Capital Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.0336 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, December 12th.

About First Trust International Developed Capital Strength ETF

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). FICS was launched on Dec 15, 2020 and is managed by First Trust.