First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 40.1% in June

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 14,060 shares, a decrease of 40.1% from the June 15th total of 23,491 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 36,894 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of NASDAQ LDSF traded up $0.02 during midday trading on Thursday, hitting $18.93. 9,209 shares of the company’s stock were exchanged, compared to its average volume of 29,333. The firm’s fifty day simple moving average is $18.92 and its 200-day simple moving average is $19.03. First Trust Low Duration Strategic Focus ETF has a twelve month low of $18.77 and a twelve month high of $19.59.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.074 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers increased its position in shares of First Trust Low Duration Strategic Focus ETF by 10.5% during the second quarter. Cetera Investment Advisers now owns 37,530 shares of the company’s stock worth $713,000 after purchasing an additional 3,567 shares in the last quarter. Raymond James Financial Inc. increased its position in First Trust Low Duration Strategic Focus ETF by 81.0% during the second quarter. Raymond James Financial Inc. now owns 301,420 shares of the company’s stock worth $5,727,000 after buying an additional 134,901 shares during the period. Jane Street Group LLC increased its position in First Trust Low Duration Strategic Focus ETF by 6.4% during the second quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock worth $297,000 after buying an additional 935 shares during the period. MML Investors Services LLC lifted its stake in First Trust Low Duration Strategic Focus ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 176,282 shares of the company’s stock valued at $3,349,000 after buying an additional 7,872 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in First Trust Low Duration Strategic Focus ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 14,820 shares of the company’s stock valued at $282,000 after buying an additional 9,880 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Company Profile

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.