First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) Short Interest Up 8,269.6% in June

First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 117,425 shares, a growth of 8,269.6% from the June 15th total of 1,403 shares. Based on an average daily volume of 23,475 shares, the short-interest ratio is currently 5.0 days. Currently, 3.9% of the company’s shares are sold short.

Institutional Trading of First Trust TCW Securitized Plus ETF

A number of hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in First Trust TCW Securitized Plus ETF by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $63,000 after purchasing an additional 2,000 shares during the period. Darwin Wealth Management LLC acquired a new stake in First Trust TCW Securitized Plus ETF in the second quarter worth $143,000. Kestra Advisory Services LLC bought a new position in shares of First Trust TCW Securitized Plus ETF during the fourth quarter worth $146,000. Signal Advisors Wealth LLC boosted its position in shares of First Trust TCW Securitized Plus ETF by 73.7% during the first quarter. Signal Advisors Wealth LLC now owns 17,765 shares of the company’s stock worth $379,000 after purchasing an additional 7,538 shares in the last quarter. Finally, Puff Wealth Management LLC bought a new position in shares of First Trust TCW Securitized Plus ETF during the second quarter worth $415,000.

First Trust TCW Securitized Plus ETF Stock Up 0.1%

Shares of First Trust TCW Securitized Plus ETF stock traded up $0.02 during trading on Friday, reaching $21.37. 40,326 shares of the company were exchanged, compared to its average volume of 49,076. The business has a 50-day moving average price of $21.33 and a 200-day moving average price of $21.50. First Trust TCW Securitized Plus ETF has a twelve month low of $20.85 and a twelve month high of $22.03.

First Trust TCW Securitized Plus ETF Company Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.