First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Up 100.0% in February

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,400 shares, a growth of 100.0% from the January 31st total of 700 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On First Trust S-Network Future Vehicles & Technology ETF

A number of institutional investors and hedge funds 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 during the period. Stifel Financial Corp increased its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% during 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 last quarter. Flow Traders U.S. LLC increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the third 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 during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter worth approximately $29,000. Finally, Envestnet Asset Management Inc. lifted its stake in First Trust S-Network Future Vehicles & Technology ETF by 22.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 1,380 shares during the last quarter.

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

NASDAQ:CARZ traded up $0.29 during trading hours on Monday, reaching $57.58. 6,274 shares of the stock were exchanged, compared to its average volume of 1,910. First Trust S-Network Future Vehicles & Technology ETF has a twelve month low of $50.83 and a twelve month high of $63.10. The stock has a market cap of $31.67 million, a PE ratio of 16.64 and a beta of 1.36. The firm has a 50 day moving average of $59.17 and a 200 day moving average of $57.86.

First Trust S-Network Future Vehicles & Technology ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.2887 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.