Short Interest in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) Grows By 579.9%

First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 127,592 shares, a growth of 579.9% from the July 15th total of 18,766 shares. Based on an average daily volume of 334,706 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

First Trust Limited Duration Investment Grade Corporate ETF Trading Up 0.2%

First Trust Limited Duration Investment Grade Corporate ETF stock traded up $0.03 during trading on Thursday, hitting $18.87. 132,434 shares of the company were exchanged, compared to its average volume of 409,346. The business’s 50 day moving average is $18.85 and its 200 day moving average is $18.97. First Trust Limited Duration Investment Grade Corporate ETF has a 52 week low of $18.71 and a 52 week high of $19.33.

Institutional Trading of First Trust Limited Duration Investment Grade Corporate ETF

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in shares of First Trust Limited Duration Investment Grade Corporate ETF during the first quarter valued at about $1,366,000. Jane Street Group LLC grew its position in First Trust Limited Duration Investment Grade Corporate ETF by 90.4% in the 1st quarter. Jane Street Group LLC now owns 281,857 shares of the company’s stock worth $5,338,000 after purchasing an additional 133,784 shares in the last quarter. JPMorgan Chase & Co. increased its stake in First Trust Limited Duration Investment Grade Corporate ETF by 1,140.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,460 shares of the company’s stock valued at $544,000 after buying an additional 26,165 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust Limited Duration Investment Grade Corporate ETF in the 2nd quarter valued at about $678,000. Finally, Raymond James Financial Inc. lifted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 13.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,025,541 shares of the company’s stock worth $19,608,000 after buying an additional 123,516 shares in the last quarter.

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.