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

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

First Trust S-Network Future Vehicles & Technology ETF Stock Down 1.3 %

Shares of First Trust S-Network Future Vehicles & Technology ETF stock traded down $0.76 during trading hours on Monday, hitting $57.67. 385 shares of the company’s stock traded hands, compared to its average volume of 3,512. First Trust S-Network Future Vehicles & Technology ETF has a twelve month low of $50.83 and a twelve month high of $63.10. The company has a market cap of $31.72 million, a PE ratio of 17.65 and a beta of 1.27. The stock has a 50 day simple moving average of $58.54 and a 200-day simple moving average of $57.54.

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

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

Hedge Funds Weigh In On First Trust S-Network Future Vehicles & Technology ETF

A number of institutional investors have recently made changes to their positions in CARZ. International Assets Investment Management LLC lifted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 184,457.7% during the 3rd quarter. International Assets Investment Management LLC now owns 191,940 shares of the exchange traded fund’s stock worth $11,133,000 after buying an additional 191,836 shares during the last quarter. Jane Street Group LLC raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after acquiring an additional 6,651 shares in the last quarter. Flow Traders U.S. LLC lifted its stake in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during the third quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock worth $573,000 after purchasing an additional 4,750 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in First Trust S-Network Future Vehicles & Technology ETF in the third quarter worth $29,000. Finally, Stifel Financial Corp boosted 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 buying an additional 203 shares during the period.

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.