First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Update

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 244,294 shares, an increase of 230.2% from the April 15th total of 73,981 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 761,052 shares, the short-interest ratio is currently 0.3 days.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA:FTCB traded down $0.14 during trading on Friday, reaching $20.74. The stock had a trading volume of 346,284 shares, compared to its average volume of 778,250. The business has a fifty day moving average price of $21.01 and a 200-day moving average price of $21.20. First Trust Core Investment Grade ETF has a fifty-two week low of $20.28 and a fifty-two week high of $21.87.

Hedge Funds Weigh In On First Trust Core Investment Grade ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Park Avenue Securities LLC increased its position in First Trust Core Investment Grade ETF by 19.7% during the fourth quarter. Park Avenue Securities LLC now owns 158,228 shares of the company’s stock worth $3,359,000 after purchasing an additional 26,064 shares during the last quarter. BAM Wealth Management LLC acquired a new position in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $1,095,000. HBW Advisory Services LLC increased its position in First Trust Core Investment Grade ETF by 31.3% during the fourth quarter. HBW Advisory Services LLC now owns 473,609 shares of the company’s stock worth $10,055,000 after purchasing an additional 112,795 shares during the last quarter. Assetmark Inc. increased its position in First Trust Core Investment Grade ETF by 9.5% during the third quarter. Assetmark Inc. now owns 522,527 shares of the company’s stock worth $11,135,000 after purchasing an additional 45,332 shares during the last quarter. Finally, Daymark Wealth Partners LLC acquired a new position in First Trust Core Investment Grade ETF during the fourth quarter worth approximately $882,000.

First Trust Core Investment Grade ETF Company Profile

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.