First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Short Interest Up 91.5% in April

by · The Cerbat Gem

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT – Get Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 272 shares, a growth of 91.5% from the April 15th total of 142 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 379 shares, the days-to-cover ratio is presently 0.7 days.

First Trust S&P 500 Economic Moat ETF Stock Performance

NYSEARCA:EMOT traded down $0.13 during mid-day trading on Friday, reaching $25.23. The stock had a trading volume of 6 shares, compared to its average volume of 1,877. The firm has a 50 day moving average price of $24.32 and a two-hundred day moving average price of $24.29. The stock has a market capitalization of $2.52 million, a P/E ratio of 24.64 and a beta of 0.83. First Trust S&P 500 Economic Moat ETF has a one year low of $21.83 and a one year high of $25.40.

Institutional Trading of First Trust S&P 500 Economic Moat ETF

A number of hedge funds have recently bought and sold shares of the company. Signal Advisors Wealth LLC lifted its position in First Trust S&P 500 Economic Moat ETF by 1.0% in the 4th quarter. Signal Advisors Wealth LLC now owns 67,592 shares of the company’s stock worth $1,609,000 after buying an additional 694 shares during the last quarter. Jane Street Group LLC bought a new stake in First Trust S&P 500 Economic Moat ETF in the 4th quarter worth approximately $335,000. Citadel Advisors LLC bought a new stake in First Trust S&P 500 Economic Moat ETF in the 3rd quarter worth approximately $398,000. Finally, Tower Research Capital LLC TRC increased its stake in First Trust S&P 500 Economic Moat ETF by 112.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 36,673 shares of the company’s stock worth $873,000 after purchasing an additional 19,445 shares during the period.

About First Trust S&P 500 Economic Moat ETF

(Get Free Report)

The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.

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