First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Update

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 588 shares, a growth of 50.4% from the August 31st total of 391 shares. Based on an average daily trading volume, of 11,743 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On First Trust TCW Securitized Plus ETF

A number of hedge funds have recently made changes to their positions in DEED. Citadel Advisors LLC boosted its position in First Trust TCW Securitized Plus ETF by 162.6% during the 2nd quarter. Citadel Advisors LLC now owns 100,748 shares of the company’s stock worth $2,154,000 after purchasing an additional 62,384 shares during the period. NI Acquisitions Company LLC purchased a new stake in shares of First Trust TCW Securitized Plus ETF during the second quarter worth about $227,000. Puff Wealth Management LLC acquired a new position in shares of First Trust TCW Securitized Plus ETF in the second quarter worth about $415,000. Milestones Private Investment Advisors LLC grew its stake in First Trust TCW Securitized Plus ETF by 4.5% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 97,485 shares of the company’s stock valued at $2,079,000 after purchasing an additional 4,213 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its position in shares of First Trust TCW Securitized Plus ETF by 73.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock valued at $379,000 after purchasing an additional 7,538 shares in the last quarter.

First Trust TCW Securitized Plus ETF Price Performance

DEED stock traded up $0.05 during trading on Thursday, reaching $20.32. 7,434 shares of the stock traded hands, compared to its average volume of 43,254. The business’s 50 day moving average price is $20.96 and its 200-day moving average price is $21.22. First Trust TCW Securitized Plus ETF has a 52-week low of $20.21 and a 52-week high of $22.03.

First Trust TCW Securitized Plus ETF Company Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.