Short Interest in First Trust International Developed Capital Strength ETF (NASDAQ:FICS) Rises By 36.9%

First Trust International Developed Capital Strength ETF (NASDAQ:FICS) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 36.9% from the February 28th total of 6,500 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers boosted its position in First Trust International Developed Capital Strength ETF by 70.6% during the 4th quarter. Cetera Investment Advisers now owns 233,934 shares of the company’s stock valued at $7,943,000 after buying an additional 96,828 shares during the period. Jane Street Group LLC boosted its holdings in shares of First Trust International Developed Capital Strength ETF by 3.0% during the fourth quarter. Jane Street Group LLC now owns 50,144 shares of the company’s stock worth $1,703,000 after purchasing an additional 1,449 shares during the period. Comerica Bank bought a new stake in shares of First Trust International Developed Capital Strength ETF in the fourth quarter worth about $433,000. Integrated Wealth Concepts LLC increased its holdings in First Trust International Developed Capital Strength ETF by 3.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 55,540 shares of the company’s stock valued at $1,886,000 after purchasing an additional 2,084 shares during the period. Finally, Coppell Advisory Solutions LLC increased its holdings in First Trust International Developed Capital Strength ETF by 298.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 3,539 shares of the company’s stock valued at $120,000 after purchasing an additional 2,651 shares during the period.

First Trust International Developed Capital Strength ETF Price Performance

Shares of FICS stock opened at $36.82 on Wednesday. The business has a 50-day moving average of $36.51 and a 200 day moving average of $35.86. First Trust International Developed Capital Strength ETF has a 1-year low of $33.06 and a 1-year high of $37.93. The stock has a market capitalization of $176.74 million, a PE ratio of 20.21 and a beta of 0.84.

First Trust International Developed Capital Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.1475 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date was Thursday, March 27th. This is a positive change from First Trust International Developed Capital Strength ETF’s previous quarterly dividend of $0.10.

About First Trust International Developed Capital Strength ETF

The First Trust International Developed Cap Strength ETF (FICS) is an exchange-traded fund that mostly invests in total market equity. The First Trust International Developed Capital Strength ETF (the Fund) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength IndexSM (the Index).