First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) Short Interest Update

First Trust Indxx Aerospace & Defense ETF (NYSEARCA:MISL) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 107,105 shares, a growth of 494.9% from the December 31st total of 18,003 shares. Based on an average daily trading volume, of 379,229 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 379,229 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of First Trust Indxx Aerospace & Defense ETF

Large investors have recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the fourth quarter worth approximately $30,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of First Trust Indxx Aerospace & Defense ETF during the 2nd quarter worth $31,000. Ameritas Advisory Services LLC acquired a new position in shares of First Trust Indxx Aerospace & Defense ETF during the second quarter worth $33,000. Advisory Services Network LLC purchased a new position in First Trust Indxx Aerospace & Defense ETF in the third quarter valued at $37,000. Finally, Assetmark Inc. lifted its holdings in First Trust Indxx Aerospace & Defense ETF by 75.4% during the 2nd quarter. Assetmark Inc. now owns 1,096 shares of the company’s stock worth $41,000 after buying an additional 471 shares during the last quarter.

First Trust Indxx Aerospace & Defense ETF Trading Up 1.2%

First Trust Indxx Aerospace & Defense ETF stock opened at $49.70 on Wednesday. The firm has a market capitalization of $1.63 billion, a P/E ratio of 28.78 and a beta of 0.66. The stock’s fifty day simple moving average is $44.08 and its 200-day simple moving average is $41.70. First Trust Indxx Aerospace & Defense ETF has a twelve month low of $26.46 and a twelve month high of $51.10.

First Trust Indxx Aerospace & Defense ETF Company Profile

The First Trust Indxx Aerospace & Defense ETF (MISL) is an exchange-traded fund that is based on the Indxx US Aerospace & Defense index. The fund tracks a market cap-weighted index of 50 US companies involved in advanced and traditional aerospace and defense. MISL was launched on Oct 25, 2022 and is managed by First Trust.