First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT – Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 55,360 shares, a decline of 56.2% from the March 15th total of 126,298 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 83,608 shares, the short-interest ratio is currently 0.7 days.
First Trust SkyBridge Crypto Industry and Digital Economy ETF Stock Performance
CRPT traded up $0.66 during midday trading on Tuesday, reaching $13.56. 51,704 shares of the company were exchanged, compared to its average volume of 86,846. The company’s fifty day moving average price is $12.62 and its 200 day moving average price is $16.41. The company has a market cap of $101.70 million, a price-to-earnings ratio of -148.33 and a beta of 3.23. First Trust SkyBridge Crypto Industry and Digital Economy ETF has a one year low of $10.74 and a one year high of $25.90.
Institutional Trading of First Trust SkyBridge Crypto Industry and Digital Economy ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 1.2% during the 4th quarter. Cetera Investment Advisers now owns 203,440 shares of the company’s stock worth $3,054,000 after purchasing an additional 2,487 shares in the last quarter. Osaic Holdings Inc. increased its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 4.4% during the 4th quarter. Osaic Holdings Inc. now owns 60,174 shares of the company’s stock worth $903,000 after purchasing an additional 2,539 shares in the last quarter. Truvestments Capital LLC increased its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 1,351.7% during the 4th quarter. Truvestments Capital LLC now owns 6,460 shares of the company’s stock worth $97,000 after purchasing an additional 6,015 shares in the last quarter. MML Investors Services LLC increased its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 18.0% during the 4th quarter. MML Investors Services LLC now owns 51,958 shares of the company’s stock worth $780,000 after purchasing an additional 7,927 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in First Trust SkyBridge Crypto Industry and Digital Economy ETF by 3.0% during the 4th quarter. Stifel Financial Corp now owns 29,763 shares of the company’s stock worth $447,000 after purchasing an additional 871 shares in the last quarter.
First Trust SkyBridge Crypto Industry and Digital Economy ETF Company Profile
The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in companies supporting the crypto industry and the digital economy around the world. CRPT was launched on Sep 20, 2021 and is managed by First Trust.
See Also
Receive News & Ratings for First Trust SkyBridge Crypto Industry and Digital Economy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust SkyBridge Crypto Industry and Digital Economy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
