First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Up 101.4% in December

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 378,275 shares, an increase of 101.4% from the December 15th total of 187,849 shares. Based on an average daily volume of 628,906 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 628,906 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On First Trust Core Investment Grade ETF

A number of large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of First Trust Core Investment Grade ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,436,919 shares of the company’s stock worth $73,241,000 after purchasing an additional 133,374 shares during the last quarter. LVZ Inc. raised its stake in First Trust Core Investment Grade ETF by 1.0% in the third quarter. LVZ Inc. now owns 3,074,804 shares of the company’s stock valued at $65,524,000 after buying an additional 31,783 shares in the last quarter. Long Run Wealth Advisors LLC lifted its holdings in First Trust Core Investment Grade ETF by 7.2% during the 3rd quarter. Long Run Wealth Advisors LLC now owns 2,168,309 shares of the company’s stock worth $46,207,000 after buying an additional 144,697 shares during the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Core Investment Grade ETF by 41.3% during the 2nd quarter. Cetera Investment Advisers now owns 1,463,717 shares of the company’s stock worth $30,826,000 after buying an additional 428,077 shares during the last quarter. Finally, Seascape Capital Management boosted its position in shares of First Trust Core Investment Grade ETF by 2.0% during the 3rd quarter. Seascape Capital Management now owns 1,326,054 shares of the company’s stock worth $28,258,000 after acquiring an additional 25,490 shares in the last quarter.

First Trust Core Investment Grade ETF Trading Down 0.2%

Shares of FTCB opened at $21.26 on Friday. First Trust Core Investment Grade ETF has a 1 year low of $18.76 and a 1 year high of $21.87. The stock has a 50-day simple moving average of $21.30 and a 200-day simple moving average of $21.24.

First Trust Core Investment Grade ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were paid a $0.083 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

First Trust Core Investment Grade ETF Company Profile

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.