First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Short Interest Up 174.9% in October

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 499,300 shares, an increase of 174.9% from the September 30th total of 181,600 shares. Based on an average daily trading volume, of 755,100 shares, the days-to-cover ratio is presently 0.7 days.

First Trust TCW Opportunistic Fixed Income ETF Price Performance

NASDAQ:FIXD traded down $0.11 on Friday, hitting $43.81. The company’s stock had a trading volume of 598,637 shares, compared to its average volume of 752,326. First Trust TCW Opportunistic Fixed Income ETF has a one year low of $40.97 and a one year high of $46.80. The stock has a fifty day moving average of $44.95 and a two-hundred day moving average of $43.86.

First Trust TCW Opportunistic Fixed Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend is Tuesday, October 22nd.

Hedge Funds Weigh In On First Trust TCW Opportunistic Fixed Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Signaturefd LLC boosted its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 34.4% during the 2nd quarter. Signaturefd LLC now owns 1,500 shares of the company’s stock worth $65,000 after buying an additional 384 shares during the period. Palisade Asset Management LLC bought a new position in shares of First Trust TCW Opportunistic Fixed Income ETF during the first quarter worth approximately $73,000. Hantz Financial Services Inc. acquired a new stake in First Trust TCW Opportunistic Fixed Income ETF during the 2nd quarter worth approximately $117,000. Freestone Capital Holdings LLC bought a new stake in First Trust TCW Opportunistic Fixed Income ETF in the 1st quarter valued at $201,000. Finally, Kaydan Wealth Management Inc. acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the 2nd quarter valued at $212,000.

First Trust TCW Opportunistic Fixed Income ETF Company Profile

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index.