Short Interest in First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Drops By 52.0%

First Trust SMID Growth Strength ETF (NASDAQ:FSGSGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 73 shares, a decrease of 52.0% from the August 15th total of 152 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 792 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of First Trust SMID Growth Strength ETF

A hedge fund recently raised its position in First Trust SMID Growth Strength ETF stock. Western Wealth Management LLC grew its position in First Trust SMID Growth Strength ETF (NASDAQ:FSGSFree Report) by 8.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,552 shares of the company’s stock after buying an additional 577 shares during the period. Western Wealth Management LLC owned 0.84% of First Trust SMID Growth Strength ETF worth $230,000 at the end of the most recent reporting period.

First Trust SMID Growth Strength ETF Price Performance

Shares of NASDAQ:FSGS traded down $0.25 during midday trading on Tuesday, reaching $32.74. The company’s stock had a trading volume of 93 shares, compared to its average volume of 1,982. The company has a market capitalization of $1.96 million, a P/E ratio of 18.32 and a beta of 0.96. First Trust SMID Growth Strength ETF has a fifty-two week low of $28.35 and a fifty-two week high of $34.15. The business’s fifty day simple moving average is $33.03 and its 200-day simple moving average is $31.45.

First Trust SMID Growth Strength ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.0102 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

About First Trust SMID Growth Strength ETF

(Get Free Report)

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.

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