First Trust Dividend Strength ETF (NASDAQ:FTDS) Short Interest Down 14.9% in February

Posted by Trent Williams on Mar 21st, 2025

First Trust Dividend Strength ETF (NASDAQ:FTDS – Get Free Report) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 4,000 shares, a decrease of 14.9% from the February 13th total of 4,700 shares. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the shares of the stock are sold short.

First Trust Dividend Strength ETF Stock Performance

NASDAQ FTDS opened at $50.77 on Friday. The stock has a market capitalization of $25.38 million, a P/E ratio of 13.88 and a beta of 1.11. First Trust Dividend Strength ETF has a 1 year low of $47.57 and a 1 year high of $55.33. The business’s fifty day moving average is $51.69 and its two-hundred day moving average is $52.11.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Truist Financial Corp grew its position in First Trust Dividend Strength ETF by 27.7% during the 4th quarter. Truist Financial Corp now owns 5,626 shares of the company’s stock worth $284,000 after purchasing an additional 1,221 shares in the last quarter. Envestnet Asset Management Inc. grew its position in First Trust Dividend Strength ETF by 10.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,471 shares of the company’s stock worth $630,000 after purchasing an additional 1,221 shares in the last quarter. Finally, LPL Financial LLC grew its position in First Trust Dividend Strength ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 136,421 shares of the company’s stock worth $6,896,000 after purchasing an additional 4,164 shares in the last quarter.

About First Trust Dividend Strength ETF

(Get Free Report)

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio.