First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Short Interest Update

Posted by Sarita Garza on Jul 16th, 2026

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,051 shares, an increase of 109.5% from the June 15th total of 2,411 shares. Based on an average daily volume of 17,832 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

First Trust SSI Strategic Convertible Securities ETF Trading Down 2.4%

FCVT stock traded down $1.23 during trading on Thursday, reaching $49.33. The stock had a trading volume of 49,520 shares, compared to its average volume of 26,253. First Trust SSI Strategic Convertible Securities ETF has a one year low of $38.97 and a one year high of $54.90. The company’s 50 day moving average is $52.33 and its two-hundred day moving average is $48.21.

First Trust SSI Strategic Convertible Securities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.045 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust SSI Strategic Convertible Securities ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Caldwell Trust Co purchased a new position in First Trust SSI Strategic Convertible Securities ETF in the fourth quarter worth $28,000. Rockefeller Capital Management L.P. increased its position in shares of First Trust SSI Strategic Convertible Securities ETF by 97.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 689 shares of the company’s stock valued at $30,000 after purchasing an additional 340 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of First Trust SSI Strategic Convertible Securities ETF during the 1st quarter worth $35,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of First Trust SSI Strategic Convertible Securities ETF during the 1st quarter worth $52,000. Finally, Advisory Services Network LLC purchased a new position in shares of First Trust SSI Strategic Convertible Securities ETF in the 3rd quarter worth about $78,000.

First Trust SSI Strategic Convertible Securities ETF Company Profile

(Get Free Report)

The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.