First Trust Active Factor Small Cap ETF·Financial Services

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM - Get Free Report) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,612 shares, a growth of 85.2% from the February 12th total of 7,350 shares. Currently, 0.6% of the shares of the company

AI-related equity jitters are unlikely to be resolved overnight and eurozone government bonds could actually come out as a winner. Relative to euro rates, US equity volatility is reaching highs similar to previous crisis periods. A global rebalancing of portfolios could see significant demand for euro rates, mitigating the upward rate pressure.

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM - Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 23,272 shares, an increase of 373.9% from the December 15th total of 4,911 shares. Based on an average trading volume of 6,976
The First Trust Active Factor Small Cap ETF seeks to provide capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The Fund is actively managed primarily relying on a multi-factor quantitative methodology with active risk management to construct a portfolio of securities exhibiting exposures to one or more investing factors. The multi-factor quantitative methodology currently used by the Fund may take into account the following factors: (i) value; (ii) momentum; (iii) quality; and (iv) low volatility.
Financial Services
Asset Management
2019-12-04
1.14
Market Peers





