First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) Short Interest Update

First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 1,324 shares, a decrease of 27.7% from the March 15th total of 1,831 shares. Based on an average trading volume of 26,256 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

First Trust Active Factor Mid Cap ETF Stock Down 0.4%

Shares of NYSEARCA:AFMC traded down $0.17 during trading on Wednesday, hitting $37.62. The stock had a trading volume of 25,491 shares, compared to its average volume of 30,066. First Trust Active Factor Mid Cap ETF has a 12 month low of $27.94 and a 12 month high of $37.95. The company has a market capitalization of $146.72 million, a PE ratio of 13.94 and a beta of 1.03. The firm’s fifty day moving average is $36.54 and its 200 day moving average is $35.29.

Institutional Trading of First Trust Active Factor Mid Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Prospera Financial Services Inc grew its stake in shares of First Trust Active Factor Mid Cap ETF by 3.2% in the 3rd quarter. Prospera Financial Services Inc now owns 9,899 shares of the company’s stock worth $340,000 after buying an additional 308 shares during the last quarter. PKS Advisory Services LLC boosted its stake in First Trust Active Factor Mid Cap ETF by 0.9% during the 3rd quarter. PKS Advisory Services LLC now owns 36,682 shares of the company’s stock valued at $1,259,000 after purchasing an additional 345 shares during the last quarter. Mariner LLC boosted its stake in First Trust Active Factor Mid Cap ETF by 0.9% during the 4th quarter. Mariner LLC now owns 42,030 shares of the company’s stock valued at $1,449,000 after purchasing an additional 369 shares during the last quarter. Moors & Cabot Inc. boosted its stake in First Trust Active Factor Mid Cap ETF by 1.6% during the 3rd quarter. Moors & Cabot Inc. now owns 24,543 shares of the company’s stock valued at $842,000 after purchasing an additional 382 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in First Trust Active Factor Mid Cap ETF by 4.1% during the 4th quarter. Arkadios Wealth Advisors now owns 11,810 shares of the company’s stock valued at $407,000 after purchasing an additional 461 shares during the last quarter.

First Trust Active Factor Mid Cap ETF Company Profile

The First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation. AFMC was launched on Dec 3, 2019 and is managed by First Trust.