First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Down 42.9% in February

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 800 shares, a decrease of 42.9% from the February 13th total of 1,400 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

First Trust S-Network Future Vehicles & Technology ETF Stock Performance

NASDAQ:CARZ opened at $55.25 on Friday. The stock’s fifty day moving average price is $58.64 and its two-hundred day moving average price is $57.84. First Trust S-Network Future Vehicles & Technology ETF has a 52-week low of $50.83 and a 52-week high of $63.10. The company has a market cap of $30.39 million, a price-to-earnings ratio of 16.64 and a beta of 1.27.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CARZ. Jane Street Group LLC lifted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock worth $940,000 after buying an additional 6,651 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock worth $573,000 after buying an additional 4,750 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 22.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock worth $441,000 after buying an additional 1,380 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter worth $29,000. Finally, Stifel Financial Corp lifted its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock valued at $229,000 after purchasing an additional 203 shares during the period.

About First Trust S-Network Future Vehicles & Technology ETF

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.