First Trust California Municipal High Income ETF (NASDAQ:FCAL) Sees Large Decline in Short Interest

Posted by George Bondi on Aug 31st, 2026

First Trust California Municipal High Income ETF (NASDAQ:FCAL – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 23,353 shares, a decline of 41.6% from the July 30th total of 40,002 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 20,021 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On First Trust California Municipal High Income ETF

Several large investors have recently made changes to their positions in the stock. Triumph Capital Management bought a new position in shares of First Trust California Municipal High Income ETF in the second quarter valued at $25,000. Fifth Third Bancorp bought a new stake in First Trust California Municipal High Income ETF during the first quarter worth $47,000. Comerica Bank bought a new stake in First Trust California Municipal High Income ETF during the third quarter worth $48,000. Arax Advisory Partners acquired a new stake in First Trust California Municipal High Income ETF in the fourth quarter valued at $59,000. Finally, Kestra Advisory Services LLC acquired a new stake in First Trust California Municipal High Income ETF in the fourth quarter valued at $70,000. Institutional investors and hedge funds own 54.39% of the company’s stock.

First Trust California Municipal High Income ETF Stock Performance

FCAL traded down $0.05 on Monday, hitting $48.32. 16,038 shares of the company were exchanged, compared to its average volume of 19,789. The stock’s fifty day moving average is $49.07 and its 200-day moving average is $49.30. First Trust California Municipal High Income ETF has a 12 month low of $47.65 and a 12 month high of $50.13. The company has a market cap of $217.44 million, a PE ratio of 127.16 and a beta of 0.25.

First Trust California Municipal High Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 21st will be paid a dividend of $0.144 per share. The ex-dividend date is Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is an increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14. First Trust California Municipal High Income ETF’s dividend payout ratio (DPR) is currently 439.47%.

First Trust California Municipal High Income ETF Company Profile

(Get Free Report)

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.