First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totalling 700 shares, a decrease of 84.1% from the April 15th total of 4,400 shares. Based on an average trading volume of 70,200 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

Several institutional investors have recently added to or reduced their stakes in the company. EdgeRock Capital LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at about $37,000. NBC Securities Inc. bought a new position in First Trust Low Duration Strategic Focus ETF during the 3rd quarter worth about $114,000. Tidemark LLC purchased a new position in First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at about $200,000. Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 6.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 13,827 shares of the company’s stock worth $261,000 after purchasing an additional 839 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF during the fourth quarter valued at approximately $451,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF opened at $18.67 on Friday. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $17.70 and a fifty-two week high of $19.14. The company’s fifty day moving average is $18.67 and its 200 day moving average is $18.65.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were issued a $0.0655 dividend. The ex-dividend date was Tuesday, April 23rd. This represents a $0.79 annualized dividend and a dividend yield of 4.21%.

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.