First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 95.6% in January

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, a decline of 95.6% from the December 31st total of 11,300 shares. Based on an average daily volume of 33,100 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the third quarter worth about $146,000. Creative Financial Designs Inc. ADV boosted its holdings in First Trust Low Duration Strategic Focus ETF by 12.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock worth $319,000 after acquiring an additional 1,858 shares during the period. Ameritas Advisory Services LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at approximately $480,000. Proactive Wealth Strategies LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the third quarter valued at approximately $779,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the second quarter worth $2,008,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

NASDAQ LDSF opened at $18.79 on Thursday. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26. The company’s 50 day moving average price is $18.82 and its 200 day moving average price is $18.93.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.072 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $0.86 annualized dividend and a dividend yield of 4.60%.

First Trust Low Duration Strategic Focus ETF Company Profile

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.