First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Short Interest Update

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 38,524 shares, a decrease of 47.4% from the January 29th total of 73,198 shares. Based on an average daily volume of 207,102 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 207,102 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Hedge funds have recently added to or reduced their stakes in the stock. Prospera Financial Services Inc increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.4% in the second quarter. Prospera Financial Services Inc now owns 57,766 shares of the company’s stock valued at $2,416,000 after purchasing an additional 248 shares during the period. Luken Investment Analytics LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.2% in 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 during the last quarter. World Investment Advisors increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.8% in the 4th quarter. World Investment Advisors now owns 7,586 shares of the company’s stock valued at $318,000 after buying an additional 278 shares during the period. Walker Asset Management LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% in the 3rd quarter. Walker Asset Management LLC now owns 18,947 shares of the company’s stock valued at $797,000 after buying an additional 300 shares during the period. Finally, Kovack Advisors Inc. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.0% during the 3rd quarter. Kovack Advisors Inc. now owns 29,549 shares of the company’s stock worth $1,243,000 after buying an additional 302 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.05 during midday trading on Friday, hitting $41.09. 208,867 shares of the company’s stock were exchanged, compared to its average volume of 298,845. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.40. The firm’s 50 day simple moving average is $41.68 and its 200 day simple moving average is $41.83.

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

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%.

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.