First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Short Interest Down 48.1% in December

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 197,383 shares, a drop of 48.1% from the December 15th total of 380,524 shares. Based on an average daily volume of 938,538 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 938,538 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of First Trust Enhanced Short Maturity ETF stock traded down $0.01 on Thursday, reaching $60.01. The stock had a trading volume of 534,506 shares, compared to its average volume of 1,058,928. The business’s 50-day moving average price is $59.99 and its two-hundred day moving average price is $59.99. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.69 and a fifty-two week high of $60.14.

First Trust Enhanced Short Maturity ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Institutional Investors Weigh In On First Trust Enhanced Short Maturity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. TFG Advisers LLC lifted its position in shares of First Trust Enhanced Short Maturity ETF by 3.9% during the 2nd quarter. TFG Advisers LLC now owns 4,439 shares of the company’s stock worth $266,000 after purchasing an additional 168 shares during the last quarter. 360 Financial Inc. grew its holdings in First Trust Enhanced Short Maturity ETF by 0.7% in the 2nd quarter. 360 Financial Inc. now owns 28,399 shares of the company’s stock valued at $1,700,000 after buying an additional 190 shares during the last quarter. Rathbones Group PLC increased its position in First Trust Enhanced Short Maturity ETF by 2.4% in the 3rd quarter. Rathbones Group PLC now owns 8,438 shares of the company’s stock worth $506,000 after buying an additional 200 shares during the period. PMV Capital Advisers LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 4.2% during the fourth quarter. PMV Capital Advisers LLC now owns 4,951 shares of the company’s stock worth $297,000 after buying an additional 200 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in shares of First Trust Enhanced Short Maturity ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 6,754 shares of the company’s stock worth $405,000 after buying an additional 202 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.