First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 72.9% in January

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 5,565 shares, a drop of 72.9% from the December 31st total of 20,555 shares. Based on an average trading volume of 53,069 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 53,069 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Low Duration Strategic Focus ETF Stock Up 0.1%

Shares of First Trust Low Duration Strategic Focus ETF stock traded up $0.01 on Thursday, reaching $19.18. The company’s stock had a trading volume of 14,915 shares, compared to its average volume of 38,422. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.56 and a 52 week high of $19.29. The firm’s fifty day simple moving average is $19.16 and its two-hundred day simple moving average is $19.12.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be given a $0.073 dividend. The ex-dividend date is Wednesday, January 21st. This is a boost from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.6%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. CWM LLC increased its holdings in First Trust Low Duration Strategic Focus ETF by 50.0% in the 4th quarter. CWM LLC now owns 7,921 shares of the company’s stock worth $152,000 after acquiring an additional 2,641 shares in the last quarter. Breakthru Advisory Services LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 20.9% in the fourth quarter. Breakthru Advisory Services LLC now owns 19,693 shares of the company’s stock worth $377,000 after purchasing an additional 3,407 shares during the period. Susquehanna International Group LLP increased its stake in shares of First Trust Low Duration Strategic Focus ETF by 54.6% in the third quarter. Susquehanna International Group LLP now owns 45,673 shares of the company’s stock worth $873,000 after purchasing an additional 16,128 shares in the last quarter. Mariner LLC increased its stake in shares of First Trust Low Duration Strategic Focus ETF by 1.3% in the third quarter. Mariner LLC now owns 240,872 shares of the company’s stock worth $4,605,000 after purchasing an additional 3,084 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of First Trust Low Duration Strategic Focus ETF by 13.0% during the 3rd quarter. Raymond James Financial Inc. now owns 340,534 shares of the company’s stock valued at $6,511,000 after purchasing an additional 39,114 shares during the period.

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.