First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 95.6% in December

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 500 shares, a decrease of 95.6% from the December 15th total of 11,300 shares. Based on an average daily volume of 33,100 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 3rd quarter valued at $146,000. Creative Financial Designs Inc. ADV grew its position in First Trust Low Duration Strategic Focus ETF by 12.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock valued at $319,000 after acquiring an additional 1,858 shares during the last quarter. Proactive Wealth Strategies LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 3rd quarter valued at $779,000. Commonwealth Equity Services LLC grew its position in First Trust Low Duration Strategic Focus ETF by 4.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock valued at $1,509,000 after acquiring an additional 3,292 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 2nd quarter valued at $2,008,000.

First Trust Low Duration Strategic Focus ETF Stock Down 0.2 %

First Trust Low Duration Strategic Focus ETF stock traded down $0.03 during midday trading on Monday, reaching $18.67. 462 shares of the company traded hands, compared to its average volume of 26,217. First Trust Low Duration Strategic Focus ETF has a 12 month low of $17.70 and a 12 month high of $19.26. The business has a 50 day moving average of $18.84 and a two-hundred day moving average of $18.93.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.072 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.86 annualized dividend and a yield of 4.63%.

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.