First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Sees Significant Increase in Short Interest

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 10,512 shares, a growth of 178.1% from the September 30th total of 3,780 shares. Based on an average daily volume of 98,203 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of NYSEARCA AFLG traded down $0.27 during mid-day trading on Thursday, hitting $44.72. 102,680 shares of the stock traded hands, compared to its average volume of 93,578. The company has a market cap of $800.49 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. The stock has a fifty day moving average price of $44.78 and a 200-day moving average price of $42.58. First Trust Active Factor Large Cap ETF has a 52 week low of $37.40 and a 52 week high of $45.42.

Institutional Trading of First Trust Active Factor Large Cap ETF

Several large investors have recently added to or reduced their stakes in AFLG. Citadel Advisors LLC purchased a new stake in First Trust Active Factor Large Cap ETF in the 2nd quarter worth $1,919,000. Cetera Investment Advisers raised its stake in First Trust Active Factor Large Cap ETF by 28.5% during the 1st quarter. Cetera Investment Advisers now owns 385,153 shares of the company’s stock valued at $14,857,000 after purchasing an additional 85,324 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 26.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 210,923 shares of the company’s stock worth $9,158,000 after purchasing an additional 43,508 shares in the last quarter. Stenger Family Office LLC bought a new position in First Trust Active Factor Large Cap ETF in the 1st quarter worth approximately $16,238,000. Finally, NI Acquisitions Company LLC purchased a new position in shares of First Trust Active Factor Large Cap ETF in the second quarter worth $4,819,000.

First Trust Active Factor Large Cap ETF Company Profile

(Get Free Report)

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

Featured Stories

Receive News & Ratings for First Trust Active Factor Large Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Active Factor Large Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.