First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 4,500 shares, a growth of 1,025.0% from the September 15th total of 400 shares. Based on an average daily volume of 6,200 shares, the short-interest ratio is presently 0.7 days.
First Trust High Income Strategic Focus ETF Stock Performance
NASDAQ:HISF opened at $44.85 on Friday. The stock has a 50-day simple moving average of $45.27 and a two-hundred day simple moving average of $44.33. The firm has a market capitalization of $44.85 million, a PE ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a 52-week low of $41.73 and a 52-week high of $45.96.
First Trust High Income Strategic Focus ETF Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.177 dividend. This represents a $2.12 annualized dividend and a yield of 4.74%. The ex-dividend date of this dividend was Thursday, September 26th.
Hedge Funds Weigh In On First Trust High Income Strategic Focus ETF
About First Trust High Income Strategic Focus ETF
The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.
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