First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 44,400 shares, an increase of 145.3% from the February 13th total of 18,100 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 48,000 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On First Trust Low Duration Strategic Focus ETF

Several large investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV increased its position in shares of First Trust Low Duration Strategic Focus ETF by 8.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 18,039 shares of the company’s stock worth $339,000 after purchasing an additional 1,373 shares during the last quarter. Aptus Capital Advisors LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter worth $76,000. Sanctuary Advisors LLC grew its position in First Trust Low Duration Strategic Focus ETF by 4.7% in the fourth quarter. Sanctuary Advisors LLC now owns 160,120 shares of the company’s stock worth $3,012,000 after acquiring an additional 7,220 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in First Trust Low Duration Strategic Focus ETF during the third quarter worth about $146,000. Finally, Jane Street Group LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 31.9% in the 4th quarter. Jane Street Group LLC now owns 45,518 shares of the company’s stock worth $854,000 after purchasing an additional 11,011 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1 %

NASDAQ LDSF traded down $0.01 during trading hours on Thursday, hitting $18.86. The company had a trading volume of 16,992 shares, compared to its average volume of 46,518. First Trust Low Duration Strategic Focus ETF has a 52 week low of $17.70 and a 52 week high of $19.26. The firm has a 50 day simple moving average of $18.82 and a 200 day simple moving average of $18.91.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.58%.

About First Trust Low Duration Strategic Focus ETF

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.