First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Shares Shorted: Short Interest Down 87.9% in October

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 46,246 shares, a decrease of 87.9% from the September 30th total of 383,168 shares. Based on an average daily volume of 653,785 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

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

Several large investors have recently made changes to their positions in FSIG. Oppenheimer & Co. Inc. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at approximately $778,000. Park Avenue Securities LLC bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter worth approximately $2,675,000. Sigma Planning Corp bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter worth approximately $1,098,000. Barrett & Company Inc. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 3rd quarter worth approximately $368,000. Finally, WealthBridge Capital Management LLC increased its position in First Trust Limited Duration Investment Grade Corporate ETF by 7.8% in the third quarter. WealthBridge Capital Management LLC now owns 103,791 shares of the company’s stock worth $1,908,000 after buying an additional 7,513 shares in the last quarter.

First Trust Limited Duration Investment Grade Corporate ETF Stock Up 0.0%

Shares of FSIG stock traded up $0.01 during trading hours on Tuesday, hitting $18.50. 135,538 shares of the company were exchanged, compared to its average volume of 405,459. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.34 and a 52 week high of $19.27. The business has a 50 day moving average of $18.59 and a two-hundred day moving average of $18.88.

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.