First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Stock Short Interest Climbs 746.7%

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 383,168 shares, a growth of 746.7% from the September 15th total of 45,252 shares. Based on an average daily trading volume, of 400,697 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company’s stock are short sold.

First Trust Limited Duration Investment Grade Corporate ETF Stock Performance

FSIG stock opened at $18.47 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1 year low of $18.34 and a 1 year high of $19.33. The stock has a 50-day simple moving average of $18.66 and a 200-day simple moving average of $18.82.

Institutional Trading of First Trust Limited Duration Investment Grade Corporate ETF

Large investors have recently bought and sold shares of the company. Private Client Services LLC acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the third quarter worth $261,000. Envestnet Asset Management Inc. increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,972,353 shares of the company’s stock worth $37,189,000 after buying an additional 7,017 shares during the period. Integrated Wealth Concepts LLC increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 7.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 209,657 shares of the company’s stock worth $3,953,000 after buying an additional 14,523 shares during the period. RFG Advisory LLC lifted its holdings in First Trust Limited Duration Investment Grade Corporate ETF by 29.1% in the 2nd quarter. RFG Advisory LLC now owns 176,300 shares of the company’s stock worth $3,324,000 after buying an additional 39,739 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter worth $10,607,000.

About First Trust Limited Duration Investment Grade Corporate ETF

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.