First Trust Senior Loan ETF (NASDAQ:FTSL – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 169,105 shares, an increase of 167.6% from the August 15th total of 63,183 shares. Based on an average trading volume of 192,175 shares, the short-interest ratio is currently 0.9 days. Currently, 0.3% of the company’s shares are sold short.
First Trust Senior Loan ETF Stock Down 0.1%
NASDAQ FTSL opened at $44.92 on Tuesday. The business has a 50 day simple moving average of $44.88 and a 200 day simple moving average of $44.92. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.15.
First Trust Senior Loan ETF Announces Dividend
The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) annualized dividend and a yield of 6.0%.
Institutional Investors Weigh In On First Trust Senior Loan ETF
First Trust Senior Loan ETF Company Profile
The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities. FTSL was launched on May 1, 2013 and is managed by First Trust.
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