First Trust ISE Revere Natural Gas (NYSEARCA:FCG) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 381,341 shares, a drop of 41.1% from the November 15th total of 647,920 shares. Based on an average trading volume of 121,867 shares, the short-interest ratio is presently 3.1 days.
First Trust ISE Revere Natural Gas (FCG) traded up $0.57 during trading hours on Thursday, reaching $24.24. 205,160 shares of the company’s stock were exchanged, compared to its average volume of 210,770. First Trust ISE Revere Natural Gas has a fifty-two week low of $18.65 and a fifty-two week high of $27.25.
An institutional investor recently raised its position in First Trust ISE Revere Natural Gas stock. Cumberland Advisors Inc. lifted its position in shares of First Trust ISE Revere Natural Gas (NYSEARCA:FCG) by 2.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 239,540 shares of the company’s stock after buying an additional 5,680 shares during the quarter. First Trust ISE Revere Natural Gas makes up 3.0% of Cumberland Advisors Inc.’s holdings, making the stock its 15th largest holding. Cumberland Advisors Inc. owned 2.96% of First Trust ISE Revere Natural Gas worth $5,457,000 at the end of the most recent quarter.
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First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas.
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