First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 160,590 shares, a growth of 176.4% from the August 15th total of 58,096 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 208,098 shares, the short-interest ratio is presently 0.8 days.
First Trust Limited Duration Investment Grade Corporate ETF Stock Performance
FSIG opened at $18.61 on Friday. First Trust Limited Duration Investment Grade Corporate ETF has a 1-year low of $18.61 and a 1-year high of $19.33. The stock’s fifty day simple moving average is $18.79 and its 200 day simple moving average is $18.91.
Institutional Trading of First Trust Limited Duration Investment Grade Corporate ETF
A number of hedge funds have recently modified their holdings of FSIG. Godfrey Financial Associates Inc. acquired a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at about $36,000. Western Wealth Management LLC acquired a new stake in First Trust Limited Duration Investment Grade Corporate ETF during the first quarter worth approximately $41,000. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,871 shares of the company’s stock worth $55,000 after acquiring an additional 1,169 shares during the period. Compass Financial Management LLC bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF during the second quarter worth approximately $62,000. Finally, Triumph Capital Management acquired a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF in the third quarter valued at approximately $91,000.
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.
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