First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Short Interest Update

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 23,127 shares, a decrease of 92.4% from the July 30th total of 305,137 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 582,863 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust Enhanced Short Maturity ETF

Several institutional investors have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. increased its position in shares of First Trust Enhanced Short Maturity ETF by 1,566.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 450 shares of the company’s stock valued at $27,000 after buying an additional 423 shares in the last quarter. Anchor Investment Management LLC acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the 1st quarter worth approximately $42,000. Blair William & Co. IL raised its stake in shares of First Trust Enhanced Short Maturity ETF by 195.9% during the 4th quarter. Blair William & Co. IL now owns 728 shares of the company’s stock worth $44,000 after buying an additional 482 shares during the period. Kelleher Financial Advisors purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $55,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of First Trust Enhanced Short Maturity ETF during the 3rd quarter valued at approximately $67,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ:FTSM traded up $0.01 during trading on Tuesday, reaching $59.91. 372,457 shares of the company’s stock traded hands, compared to its average volume of 859,187. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.70 and a fifty-two week high of $60.14. The company has a 50-day simple moving average of $59.83 and a 200-day simple moving average of $59.88.

First Trust Enhanced Short Maturity ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Friday, July 31st were issued a $0.206 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.