First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Shares Shorted: Short Interest Down 87.6% in September

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 225 shares, a decline of 87.6% from the September 15th total of 1,819 shares. Based on an average daily trading volume, of 48,128 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

First Trust Low Duration Strategic Focus ETF Trading Down 0.1%

Shares of NASDAQ:LDSF traded down $0.01 during mid-day trading on Monday, reaching $18.49. 11,772 shares of the company traded hands, compared to its average volume of 29,779. The company’s 50 day moving average price is $18.72 and its 200-day moving average price is $18.85. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.38 and a 52 week high of $19.59.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.0750 per share. The ex-dividend date was Thursday, September 24th. This represents a $0.90 dividend on an annualized basis and a yield of 4.9%.

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

Large investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of First Trust Low Duration Strategic Focus ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 93,559 shares of the company’s stock valued at $1,768,000 after purchasing an additional 568 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the 2nd quarter valued at $161,000. Citadel Advisors LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 2nd quarter worth $786,000. Western Wealth Management LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 1st quarter worth $119,000. Finally, Royal Bank of Canada boosted its holdings in First Trust Low Duration Strategic Focus ETF by 27.9% in the 1st quarter. Royal Bank of Canada now owns 1,654,575 shares of the company’s stock worth $31,305,000 after buying an additional 360,432 shares during the period.

About First Trust Low Duration Strategic Focus ETF

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.