First Trust Core Investment Grade ETF (NYSEARCA:FTCB) Short Interest Up 101.4% in December

First Trust Core Investment Grade ETF (NYSEARCA:FTCB) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 378,275 shares, a growth of 101.4% from the December 15th total of 187,849 shares. Based on an average daily volume of 628,906 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 628,906 shares, the short-interest ratio is presently 0.6 days.

First Trust Core Investment Grade ETF Stock Performance

Shares of NYSEARCA FTCB opened at $21.32 on Thursday. The company has a 50 day simple moving average of $21.30 and a 200-day simple moving average of $21.24. First Trust Core Investment Grade ETF has a 1 year low of $18.76 and a 1 year high of $21.87.

First Trust Core Investment Grade ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were given a $0.083 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Trading of First Trust Core Investment Grade ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. EdgeRock Capital LLC raised its holdings in First Trust Core Investment Grade ETF by 32.5% in the 4th quarter. EdgeRock Capital LLC now owns 12,438 shares of the company’s stock valued at $264,000 after buying an additional 3,048 shares during the period. Daymark Wealth Partners LLC acquired a new stake in shares of First Trust Core Investment Grade ETF during the fourth quarter valued at about $882,000. First Heartland Consultants Inc. raised its stake in shares of First Trust Core Investment Grade ETF by 30.3% in the 4th quarter. First Heartland Consultants Inc. now owns 730,667 shares of the company’s stock valued at $15,512,000 after acquiring an additional 169,701 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in shares of First Trust Core Investment Grade ETF in the 4th quarter worth approximately $1,281,000. Finally, Maridea Wealth Management LLC purchased a new position in shares of First Trust Core Investment Grade ETF during the 4th quarter worth approximately $373,000.

About First Trust Core Investment Grade ETF

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.