First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Short Interest Update

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 57,482 shares, a decrease of 61.8% from the December 31st total of 150,554 shares. Based on an average daily volume of 768,520 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 768,520 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust Limited Duration Investment Grade Corporate ETF

Several large investors have recently made changes to their positions in the company. Key Financial Inc bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the 2nd quarter valued at about $29,000. CWM LLC raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 95.4% in the second quarter. CWM LLC now owns 1,903 shares of the company’s stock valued at $36,000 after acquiring an additional 929 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock valued at $55,000 after acquiring an additional 1,169 shares during the last quarter. Ameriflex Group Inc. boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 38.4% in the 2nd quarter. Ameriflex Group Inc. now owns 3,796 shares of the company’s stock worth $73,000 after acquiring an additional 1,054 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the 3rd quarter worth approximately $91,000.

First Trust Limited Duration Investment Grade Corporate ETF Price Performance

Shares of First Trust Limited Duration Investment Grade Corporate ETF stock remained flat at $19.16 during midday trading on Friday. The company had a trading volume of 367,697 shares, compared to its average volume of 598,890. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.70 and a 1-year high of $19.33. The firm has a 50 day simple moving average of $19.18 and a 200 day simple moving average of $19.20.

First Trust Limited Duration Investment Grade Corporate ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.0725 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.