First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Sees Large Increase in Short Interest

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 12,700 shares, an increase of 504.8% from the December 15th total of 2,100 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is currently 3.8 days.

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

First Trust S-Network Future Vehicles & Technology ETF stock traded up $0.65 during trading hours on Wednesday, hitting $59.21. The company had a trading volume of 615 shares, compared to its average volume of 3,248. The firm has a market cap of $32.57 million, a P/E ratio of 17.65 and a beta of 1.27. First Trust S-Network Future Vehicles & Technology ETF has a 1 year low of $50.83 and a 1 year high of $63.10. The company has a 50-day moving average price of $58.58 and a two-hundred day moving average price of $57.53.

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

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.2887 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Several large investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter valued at about $29,000. Jane Street Group LLC raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 69.6% in the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after purchasing an additional 6,651 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% in 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 in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 92.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock valued at $573,000 after purchasing an additional 4,750 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 184,457.7% in the 3rd quarter. International Assets Investment Management LLC now owns 191,940 shares of the exchange traded fund’s stock valued at $11,133,000 after purchasing an additional 191,836 shares in the last quarter.

First Trust S-Network Future Vehicles & Technology ETF Company Profile

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.