First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Short Interest Update

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 81.8% from the March 31st total of 1,100 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 0.8 days.

First Trust S-Network Future Vehicles & Technology ETF Stock Up 2.0 %

Shares of CARZ traded up $1.12 during mid-day trading on Friday, reaching $56.20. The company’s stock had a trading volume of 659 shares, compared to its average volume of 2,503. The business has a fifty day moving average of $57.39 and a 200 day moving average of $54.67. The company has a market cap of $36.53 million, a price-to-earnings ratio of 16.43 and a beta of 1.27. First Trust S-Network Future Vehicles & Technology ETF has a 1 year low of $46.26 and a 1 year high of $60.00.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.066 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.47%.

Institutional Trading of First Trust S-Network Future Vehicles & Technology ETF

Hedge funds have recently modified their holdings of the business. Sigma Planning Corp raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.7% during the third quarter. Sigma Planning Corp now owns 19,326 shares of the exchange traded fund’s stock worth $990,000 after acquiring an additional 1,043 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF during the fourth quarter worth $153,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF during the third quarter worth $204,000.

About First Trust S-Network Future Vehicles & Technology ETF

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.