Short Interest in First Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF) Declines By 82.3%
by Mitch Edgeman · The Markets DailyFirst Trust Emerging Markets Human Flourishing ETF (NYSEARCA:FTHF – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 7,168 shares, a decline of 82.3% from the March 15th total of 40,529 shares. Based on an average daily volume of 33,492 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. MGO One Seven LLC bought a new position in First Trust Emerging Markets Human Flourishing ETF in the 4th quarter worth approximately $2,291,000. Treasure Coast Financial Planning raised its position in shares of First Trust Emerging Markets Human Flourishing ETF by 17.2% during the 4th quarter. Treasure Coast Financial Planning now owns 49,582 shares of the company’s stock valued at $1,643,000 after acquiring an additional 7,259 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of First Trust Emerging Markets Human Flourishing ETF by 37.8% during the 3rd quarter. Susquehanna International Group LLP now owns 33,683 shares of the company’s stock valued at $994,000 after acquiring an additional 9,247 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter valued at $769,000. Finally, Cetera Investment Advisers bought a new stake in shares of First Trust Emerging Markets Human Flourishing ETF during the 4th quarter valued at $345,000.
First Trust Emerging Markets Human Flourishing ETF Stock Up 0.6%
FTHF stock traded up $0.24 during trading on Friday, hitting $41.09. The company had a trading volume of 36,179 shares, compared to its average volume of 19,811. The firm has a 50-day moving average price of $38.89 and a 200-day moving average price of $34.68. First Trust Emerging Markets Human Flourishing ETF has a 12 month low of $21.93 and a 12 month high of $42.78. The stock has a market cap of $96.56 million, a price-to-earnings ratio of 11.94 and a beta of 0.66.
About First Trust Emerging Markets Human Flourishing ETF
The First Trust Emerging Markets Human Flourishing ETF (FTHF) is an exchange-traded fund that is based on the Emerging Markets Human Flourishing index. The fund tracks a market cap-weighted index of large- and mid-sized emerging market companies that adequately promotes human flourishing. Securities are screened on their human rights beliefs and are selected based on their fundamentals. FTHF was launched on Oct 30, 2023 and is issued by First Trust.