Short Interest in First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Grows By 715.2%

First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 256,800 shares, an increase of 715.2% from the December 31st total of 31,500 shares. Based on an average daily trading volume, of 1,156,000 shares, the short-interest ratio is presently 0.2 days.

First Trust TCW Opportunistic Fixed Income ETF Stock Performance

First Trust TCW Opportunistic Fixed Income ETF stock traded up $0.02 during mid-day trading on Tuesday, hitting $43.11. 620,836 shares of the company were exchanged, compared to its average volume of 1,090,290. The business has a fifty day moving average of $43.23 and a 200 day moving average of $44.05. First Trust TCW Opportunistic Fixed Income ETF has a 1-year low of $39.42 and a 1-year high of $46.80.

First Trust TCW Opportunistic Fixed Income ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.155 per share. The ex-dividend date is Wednesday, January 22nd.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Icon Wealth Advisors LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter worth approximately $112,000. Oregon Pacific Wealth Management LLC acquired a new position in First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at about $201,000. Daymark Wealth Partners LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the 3rd quarter valued at approximately $228,000. Avidian Wealth Enterprises LLC boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 6.1% during the third quarter. Avidian Wealth Enterprises LLC now owns 5,503 shares of the company’s stock worth $249,000 after purchasing an additional 318 shares in the last quarter. Finally, Legacy Capital Wealth Partners LLC bought a new position in First Trust TCW Opportunistic Fixed Income ETF during the third quarter worth about $257,000.

About First Trust TCW Opportunistic Fixed Income ETF

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.