First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFGet Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 2,000 shares, an increase of 185.7% from the April 30th total of 700 shares. Based on an average daily volume of 61,500 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of First Trust Low Duration Strategic Focus ETF stock opened at $18.58 on Wednesday. The business has a 50-day moving average of $18.64 and a 200 day moving average of $18.70. First Trust Low Duration Strategic Focus ETF has a 12 month low of $17.70 and a 12 month high of $19.14.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 22nd will be issued a dividend of $0.0655 per share. This represents a $0.79 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Tuesday, May 21st.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of LDSF. International Assets Investment Management LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at about $8,501,000. Capital Asset Advisory Services LLC raised its position in First Trust Low Duration Strategic Focus ETF by 1.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 353,936 shares of the company’s stock valued at $6,670,000 after purchasing an additional 6,722 shares in the last quarter. Axxcess Wealth Management LLC raised its position in First Trust Low Duration Strategic Focus ETF by 2.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 353,055 shares of the company’s stock valued at $6,654,000 after purchasing an additional 6,769 shares in the last quarter. Mutual Advisors LLC raised its position in shares of First Trust Low Duration Strategic Focus ETF by 0.3% during the 4th quarter. Mutual Advisors LLC now owns 228,364 shares of the company’s stock worth $4,304,000 after acquiring an additional 759 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust Low Duration Strategic Focus ETF by 10.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 80,475 shares of the company’s stock worth $1,509,000 after acquiring an additional 7,695 shares in the last quarter.

About First Trust Low Duration Strategic Focus ETF

(Get Free Report)

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.

Featured Articles

Receive News & Ratings for First Trust Low Duration Strategic Focus ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Low Duration Strategic Focus ETF and related companies with MarketBeat.com's FREE daily email newsletter.