First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Up 214.0% in April

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF – Get Rating) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 15,700 shares, a growth of 214.0% from the March 31st total of 5,000 shares. Based on an average daily volume of 168,300 shares, the days-to-cover ratio is currently 0.1 days.

First Trust Low Duration Strategic Focus ETF stock opened at $19.26 on Thursday. The stock has a 50-day moving average of $19.48 and a two-hundred day moving average of $19.80. First Trust Low Duration Strategic Focus ETF has a one year low of $19.21 and a one year high of $20.40.

The firm also recently declared a monthly dividend, which will be paid on Friday, April 29th. Shareholders of record on Friday, April 22nd will be paid a $0.032 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 21st.

A number of institutional investors have recently added to or reduced their stakes in LDSF. FSB Premier Wealth Management Inc. purchased a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at about $29,000. Spire Wealth Management purchased a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at about $60,000. CWM LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at about $100,000. Huntington National Bank purchased a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at about $181,000. Finally, Acorn Financial Advisory Services Inc. ADV acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the first quarter valued at about $211,000.

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