Short Interest in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Grows By 46.0%

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 18,100 shares, a growth of 46.0% from the January 31st total of 12,400 shares. Based on an average daily trading volume, of 44,300 shares, the short-interest ratio is currently 0.4 days.

First Trust Low Duration Strategic Focus ETF Price Performance

First Trust Low Duration Strategic Focus ETF stock traded down $0.01 during trading on Monday, reaching $18.93. The company had a trading volume of 45,472 shares, compared to its average volume of 47,707. The firm’s 50-day simple moving average is $18.80 and its 200 day simple moving average is $18.92. First Trust Low Duration Strategic Focus ETF has a 1-year low of $17.70 and a 1-year high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.072 per share. The ex-dividend date was Friday, February 21st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.56%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Breakthru Advisory Services LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the fourth quarter valued at approximately $5,900,000. Aptus Capital Advisors LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter worth about $76,000. Jane Street Group LLC lifted its stake in shares of First Trust Low Duration Strategic Focus ETF by 31.9% in the fourth quarter. Jane Street Group LLC now owns 45,518 shares of the company’s stock worth $854,000 after buying an additional 11,011 shares in the last quarter. Mariner LLC acquired a new position in First Trust Low Duration Strategic Focus ETF during the fourth quarter worth about $4,363,000. Finally, Raymond James Financial Inc. purchased a new stake in First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at about $2,729,000.

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.