Short Interest in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Grows By 53.0%

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 107,100 shares, agrowthof53.0% from the July 15th total of 70,000 shares. Currently,0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 583,600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 583,600 shares, the days-to-cover ratio is presently 0.2 days. Currently,0.2% of the shares of the stock are short sold.

First Trust Core Investment Grade ETF Stock Performance

NYSEARCA:FTCB opened at $21.09 on Thursday. The business has a 50 day moving average of $20.96 and a 200 day moving average of $20.87. First Trust Core Investment Grade ETF has a 1-year low of $18.76 and a 1-year high of $22.69.

Institutional Trading of First Trust Core Investment Grade ETF

A number of institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC raised its holdings in shares of First Trust Core Investment Grade ETF by 73.3% during the fourth quarter. Citadel Advisors LLC now owns 66,385 shares of the company’s stock valued at $1,371,000 after acquiring an additional 28,080 shares in the last quarter. Spire Wealth Management bought a new position in First Trust Core Investment Grade ETF in the first quarter worth $97,000. Comerica Bank bought a new position in First Trust Core Investment Grade ETF in the fourth quarter worth $221,000. Janney Montgomery Scott LLC bought a new position in First Trust Core Investment Grade ETF in the first quarter worth $5,883,000. Finally, IFP Advisors Inc raised its holdings in First Trust Core Investment Grade ETF by 3,299.4% in the first quarter. IFP Advisors Inc now owns 27,399 shares of the company’s stock worth $575,000 after purchasing an additional 26,593 shares in the last quarter.

About First Trust Core Investment Grade ETF

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets.