First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Up 866.2% in November

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 74,400 shares, an increase of 866.2% from the October 31st total of 7,700 shares. Based on an average daily volume of 43,000 shares, the short-interest ratio is presently 1.7 days.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

Large investors have recently modified their holdings of the stock. EdgeRock Capital LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the second quarter worth about $36,000. Creative Financial Designs Inc. ADV grew its holdings in First Trust Low Duration Strategic Focus ETF by 12.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock worth $319,000 after acquiring an additional 1,858 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF in the 1st quarter valued at $330,000. Proactive Wealth Strategies LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the third quarter worth $779,000. Finally, Raymond James & Associates raised its stake in First Trust Low Duration Strategic Focus ETF by 5.0% in the second quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock valued at $1,306,000 after buying an additional 3,314 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of First Trust Low Duration Strategic Focus ETF stock traded up $0.04 during trading on Wednesday, reaching $18.90. 5,176 shares of the stock were exchanged, compared to its average volume of 55,410. First Trust Low Duration Strategic Focus ETF has a 1 year low of $17.70 and a 1 year high of $19.26. The stock’s fifty day moving average is $18.98 and its 200 day moving average is $18.90.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend is Thursday, November 21st.

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.