First Trust Nasdaq Semiconducto (FTXL) Trades at New 52-Week High

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The company is now up by 0.43%% since yesterday’s close of 29.97. Company shares last traded at $30.10 which is a tad above $28.08, the stock’s 50 day moving average and which is quite a bit above the 200 day moving average of $26.17. The 50 day moving average was up $2.02 or +7.1781% and the 200 day average moved up $3.93.

Traders are more bearish on the company recently if you take note of the change in short interest. The company realized a rise in short interest of 7.02% as of September 29, 2017 from the last reporting period. Short shares increased from 6,226 to 6,663 over that period.