First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Short Interest Up 267.5% in July

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 23,784 shares, a growth of 267.5% from the June 30th total of 6,471 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 345,516 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Large investors have recently made changes to their positions in the business. World Investment Advisors boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.3% in the 1st quarter. World Investment Advisors now owns 7,838 shares of the company’s stock worth $318,000 after purchasing an additional 252 shares in the last quarter. Wagner Wealth Management LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the 1st quarter. Wagner Wealth Management LLC now owns 16,406 shares of the company’s stock valued at $666,000 after buying an additional 257 shares in the last quarter. Luken Investment Analytics LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.2% during the 4th quarter. Luken Investment Analytics LLC now owns 12,775 shares of the company’s stock valued at $535,000 after buying an additional 272 shares in the last quarter. ROI Financial Advisors LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.8% during the first quarter. ROI Financial Advisors LLC now owns 5,459 shares of the company’s stock valued at $221,000 after buying an additional 299 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.0% during the second quarter. Benjamin Edwards Inc. now owns 39,595 shares of the company’s stock valued at $1,655,000 after buying an additional 398 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.2%

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.08 during trading on Friday, hitting $40.45. The company’s stock had a trading volume of 197,375 shares, compared to its average volume of 271,513. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.01 and a 52 week high of $42.40. The company has a fifty day simple moving average of $40.78 and a two-hundred day simple moving average of $41.06.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be issued a $0.23 dividend. The ex-dividend date is Tuesday, July 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform. HYLS was launched on Feb 27, 2013 and is managed by First Trust.