First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Sees Large Decline in Short Interest

Posted by Latisha Jones on Mar 29th, 2025

First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Get Free Report) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 2,100 shares, a decline of 77.4% from the February 28th total of 9,300 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.5 days.

First Trust High Income Strategic Focus ETF Stock Up 0.3 %

NASDAQ HISF opened at $44.21 on Friday. The firm has a 50-day moving average price of $44.18 and a two-hundred day moving average price of $44.41. First Trust High Income Strategic Focus ETF has a 12-month low of $42.95 and a 12-month high of $45.96. The company has a market capitalization of $44.21 million, a P/E ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.172 dividend. The ex-dividend date is Thursday, March 27th.

Institutional Investors Weigh In On First Trust High Income Strategic Focus ETF

Large investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI bought a new stake in shares of First Trust High Income Strategic Focus ETF during the 4th quarter valued at $35,000. Synergy Asset Management LLC acquired a new position in First Trust High Income Strategic Focus ETF in the fourth quarter valued at about $59,000. SRS Capital Advisors Inc. bought a new stake in First Trust High Income Strategic Focus ETF during the fourth quarter worth about $241,000. Altus Wealth Group LLC acquired a new stake in First Trust High Income Strategic Focus ETF during the fourth quarter worth about $258,000. Finally, Tidemark LLC bought a new position in First Trust High Income Strategic Focus ETF in the 4th quarter valued at about $275,000. Institutional investors and hedge funds own 51.36% of the company’s stock.

About First Trust High Income Strategic Focus ETF

(Get Free Report)

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.